South Station Live/Work
717 Atlantic Avenue Unit 1-B Boston, MA 02111
For Sale
$775,000
770 SF commercial live/work condo in Boston's South Station.
Property Size770 SF
Price / SF$1,006
Days on Market268
Property Features for 717 Atlantic Avenue Unit 1-B
General Information
Standard status
Active
Size
770 SF
Property subtype
Commercial
Building Details
Year Built
1899
Listing Agency:
Douglas Elliman Real Estate - The Sarkis Team
Listed By:
The Sarkis Team
Source:
Stevebremis
Added: Nov 3, 2025
Changed: Jul 10
Last Checked: Jul 26 at 10:56PM
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
Investment Insights
Based on property information with market context.
This is a 770 square foot commercial live/work condominium located in Boston's South Station area. The unit is part of an eight-story residential building with 30 units. The property is situated directly across from South Station and a luxury residential development. It is suitable for residential live/work, creative studio or arts loft, retail, professional office, or other commercial uses.
Key Highlights
- Prime location directly across from South Station.
- Versatile live/work condominium suitable for various commercial uses.
- Located in Boston's desirable South Station area.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.8k | $50.40 |
| − Vacancy | −$8.5k | −$11.09 |
| EGI | $30.3k | $39.31 |
| − OpEx | −$7.6k | −$9.83 |
| NOI | $22.7k | $29.48 |
770 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.3K
$283.8K – $378.4K
NOI $22,703 @ 7.0% cap · market cap 2.93%
Second Best
Mixed Use
$268.5K
$235.0K – $313.3K
NOI $18,798 @ 7.0% cap · market cap 2.43%
Theoretical Best
Office A
$576.6K
$504.5K – $672.7K
NOI $40,360 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - 770 SF commercial live/work condo in Boston's South Station.
Where is this live-work space located?
The property is located at 717 Atlantic Avenue Unit 1-B 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: Prime location directly across from South Station.; Versatile live/work condominium suitable for various commercial uses.; Located in Boston's desirable South Station area.
