South Station Live/Work
717 Atlantic Avenue Unit 1-B, Boston, MA 02111
For Sale
$755,000
770 SF commercial live/work condo in South Station area.
Property Size770 SF
Price / SF$980.52
Days on Market350
Property Features for 717 Atlantic Avenue Unit 1-B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Douglas Elliman Real Estate - The Sarkis Team
Listed By:
Mark Doherty · License MA #9035293
(617) 645-5888
Source:
Sarkisboston
Added: Nov 30, 2025
Changed: Nov 13
Last Checked: Nov 12 at 8:00AM
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 property is a 770 square foot commercial live/work condominium located in Boston's South Station area. It is situated within an eight-story, 30-unit residential building. The unit is located directly across from South Station and a new luxury residential development. The unit is suitable for a variety of uses, including residential live/work, creative studio or arts loft, retail, professional office, psychiatrist or therapist office, or other commercial uses.
Key Highlights
- Prime location directly across from South Station.
- Versatile live/work condominium suitable for various commercial or residential uses.
- Situated in Boston's desirable South Station area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,703
Cap Rate
3.01%
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 3.01%
Second Best
Mixed Use
$268.5K
$235.0K – $313.3K
NOI $18,798 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$576.6K
$504.5K – $672.7K
NOI $40,360 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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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 South Station area.
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 $755,000.
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 or residential uses.; Situated in Boston's desirable South Station area.
