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Live/Work Condominium Office Suite
For Sale
$775,000

1-b-717 Atlantic Ave, Boston, MA 02110

Commercial live/work condo in an eight-story, 30-unit building with flexible space for office or studio uses.

Property Size770 SF
Price / SF$1,006
Days on Market330

Property Features for 1-b-717 Atlantic Ave

General Information

Standard status Active
Size 770 SF

Site & Location

Neighborhood Downtown

Taxes and HOA fees

Annual Taxes $11,623

Building Details

Stories 8
Tenancy Multi
Listing Agency: Douglas Elliman Real Estate - The Sarkis Team
Listed By: The Sarkis Team · License #9522267
Source: Exprealty
Added: Dec 3, 2025 Changed: Oct 25 Last Checked: Oct 28 at 12:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate - The Sarkis Team

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Investment Insights

Based on property information with market context.

This 770-square-foot commercial live/work condominium is located within an eight-story, 30-unit residential building. The layout supports a range of commercial uses, including residential live/work, creative studio or arts loft, retail, and professional office use. The space is also suitable for behavioral health office use, such as a psychiatrist or therapist office, depending on the buyer’s intended use.

The property is positioned directly across from South Station and the new Ritz-Carlton luxury residential development featuring 166 units, placing it in a high-visibility, transit-adjacent setting within Boston’s South Station area.

Offered as a condominium unit, the space provides an on-site option for buyers seeking a smaller, flexible commercial footprint within a multi-unit building.

Key Highlights

  • 770 SF commercial live/work condominium in an eight‑story, 30‑unit building
  • Located directly across from South Station
  • South Station area location opposite the new Ritz‑Carlton luxury residential development with 166 units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,703
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,060 $454.1K
Cap Rate 7%
$324,329 $324.3K
Cap Rate 9%
$252,256 $252.3K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$38.8K $50.40/SF
− Vacancy
−$8.5K −$11.09/SF
EGI
$30.3K $39.31/SF
− OpEx
−$7.6K −$9.83/SF
NOI
$22.7K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,060
Cap Rate 7%
$324,329
Cap Rate 9%
$252,256

Alternative Uses

Best Use
Office B
$324.3K
$283.8K – $378.4K (±1% cap)
NOI $22,703 @ 7.0% cap · market cap 2.93%
Second Best
Mixed Use
$268.5K
$235.0K – $313.3K (±1% cap)
NOI $18,798 @ 7.0% cap · market cap 2.43%
Theoretical Best
Office A
$576.6K
$504.5K – $672.7K (±1% cap)
NOI $40,360 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Butcher Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

15,936
Businesses Nearby

Demographics for 02110, MA

2,921
Population
1,563
Households
1.9
Avg Household Size
49
Median Age
85%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
14,605
Density / Sq Mi
$132,239
Median Household Income
$111,227
Median Earnings
$3,142
Median Rent
$1,104,700
Median Home Value

Market

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Commercial live/work condo in an eight-story, 30-unit building with flexible space for office or studio uses.
Where is this live-work space located?
The property is located at 1-b-717 Atlantic Ave Boston, MA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 770 SF commercial live/work condominium in an eight‑story, 30‑unit building; Located directly across from South Station; South Station area location opposite the new Ritz‑Carlton luxury residential development with 166 units
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