Artists-only Fort Point home hits the market for less than $400,000

Buying South Boston
249 A St. Unit 45
The loft at 249 A St. is in a building with a gallery. Randy Robinson

This Fort Point studio apartment is only for artists. 

The loft in the 249 A Street Artists Cooperative went on the market Thursday. Jim Souza of Donnelly + Co. said the price of Unit 45  — $381,663 — can’t be compared to market-rate homes. “It’s priced at what it is because it’s limited to artists,” Souza said.

Anyone looking to live or work in the studio must be approved by a co-op board. Restrictions say the owner or family of the owner must “be a visual artist or engaged in an art-related business/activity.” 

The co-op refers to itself as the Fort Point community’s first artist-owned live/work studio building. The building is in the Fort Points Arts Community.

“We are painters, makers of artists’ books, video artists, photographers, potters, sculptors, jewelers, and more,” its website reads. “We are on the faculties of fine art schools; we are lecturers and writers; we exhibit in galleries and museums in Boston, nationwide, and worldwide, and have work in major museum and private collections. We are a vertical community of people from many different backgrounds.”

Souza said the studio has never been lived in — it’s always been a creative space — but is equipped with a kitchen and bathroom and well-suited to becoming a home.

Light pours into the 911-square-foot studio through expansive windows with a skyline view. The building, like many others in the arts district, was converted from a brick-and-beam warehouse. Souza described the community as “mostly old warehouse buildings that have been turned into beautiful lofts.”

The unit featured here is on the fourth floor. The building has a large elevator, common laundry room, and parking. Its most valuable amenity, Souza said, is an on-site gallery space with rotating art shows.

Co-op fees for the studio ring in at $652 a month.

One other unit in the building is on the market: a one-bedroom, one-bath property listed for $490,000.

See more photos of the home below:

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