South Station Live/Work
For Sale
$775,000
717 Atlantic Avenue Unit 1-B, Boston, MA 02111
770 SF commercial live/work condo in Boston's South Station.
Property Size770 SF
Price / SF$1,006
Days on Market345
Property Features for 717 Atlantic Avenue Unit 1-B
General Information
Standard status
Active
Size
770 SF
Property subtype
Commercial
Site & Location
Neighborhood
Downtown
Building Details
Year Built
1899
Listing Agency:
Douglas Elliman Real Estate - The Sarkis Team
Listed By:
The Sarkis Team · License #9522267
(617) 875-4950
Source:
Stevebremis
Added: Nov 14, 2025
Changed: Oct 23
Last Checked: Oct 23 at 10:37AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
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
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
20,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 02111, MA
9,716
Population
4,535
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
83%
High-School Grad
0.2 sq mi
ZIP Area
48,580
Density / Sq Mi
$70,865
Median Household Income
$42,225
Median Earnings
$1,994
Median Rent
$953,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Boston, MA
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.
