Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    729 Bush St San Francisco, CA 94108

    Sponsored
    For Sale
    $2,795,000

    SINGLE_FAMILY - San Francisco, CA

    Type:Retail
    Property size:
    3,795 SF
    Lot size:
    0.09 Acres
    Days on Market:
    47
    Last Refresh:
    Feb 14 at 8:06 am

    Property Features for 729 Bush St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement
    APN
    0284022
    Interior features
    Other Walls
    Size
    3,795 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1911
    Additional Structures
    Other

    We can help!

    Listing Contact
    Kevin S Wong

    Compass (212) 913-9058

    Listing agent Kevin S Wong (415) 290-2927

    Listing date Dec 30, 2025

    MLS# 425077185

    Copyright © 2025 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Asset in Lower Nob Hill

    Located in San Francisco's Lower Nob Hill/Downtown neighborhood, this two-story commercial building, plus basement, offers approximately 3,795 square feet of space on a 3,781-square-foot lot. The RC-4 zoning allows for a variety of commercial uses, including showroom, upscale office, medical, or specialized retail. Situated blocks from Union Square and the Financial District, the property benefits from high foot traffic and visibility, with access to BART, cable cars, and MUNI. Redevelopment plans suggest potential for vertical expansion and modern medical build-outs. The surrounding area, near Union Square, Salesforce Tower, and the Financial District, provides access to a business community and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mundo Co. Information Bureau

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Law Firm Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    FRESH a floral shop, Seti Flowers, Petros Same Day Flower Delivery Inc., Showcase Flowers, A New Leaf Florist

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.4093062
    Latitude
    37.7898579

    Nearby Similar for Sale

    • $3,147,000
      4,617 SF

      Renovated Fourplex in Mission District

      Turn-key four-unit building in San Francisco's vibrant Mission District.
      3000-3006 26Th St, San Francisco, CA 94110
      View Details
    • $6,495,000
      5,685 SF

      Elegant Cow Hollow Multifamily Property

      Upscale San Francisco living in a three-unit trophy property.
      2740 Union St, San Francisco, CA 94123
      View Details
    • $1,995,000
      Pending

      San Francisco Multifamily Near Golden Gate

      Two updated flats near Golden Gate Park with parking.
      1215 34Th Ave, San Francisco, CA 94122
      View Details
    • $1,698,000
      4,350 SF

      Victorian Mixed-Use San Francisco Property

      Charming Victorian with commercial space and residential units in San Francisco.
      418-422 Haight St, San Francisco, CA 94117
      View Details
    • $1,986,000
      Pending

      Nob Hill Victorian Multi-Family

      Spacious 3-unit Victorian in San Francisco's Nob Hill.
      1645-1649 Sacramento St, San Francisco, CA 94109
      View Details
    • $2,195,000
      2,502 SF

      Victorian Duplex in Lower Pacific Heights

      Charming 2-unit Victorian in desirable San Francisco location.
      2654-2656 Bush St, San Francisco, CA 94115
      View Details
    • $995,000
      Pending

      Mixed-Use Property with Income Potential

      Multi-unit, mixed-use property in San Francisco with income potential.
      345-347 Brazil Ave, San Francisco, CA 94112
      View Details
    • New
      $3,990,000
      18,000 SF

      San Francisco Commercial Property For Sale

      Commercial property available in San Francisco, California.
      1114 Howard St, San Francisco, CA 94103
      View Details
    • $1,995,000
      Pending

      San Francisco Duplex with Backyard

      Charming duplex in prime location with spacious backyard.
      2661-2663 Greenwich St, San Francisco, CA 94123
      View Details
    • $3,700,000
      5,088 SF

      Russian Hill Multifamily Investment Opportunity

      Six-unit apartment building in Russian Hill with potential for individual sale.
      1316-1326 Vallejo St, San Francisco, CA 94109
      View Details
    • $1,598,000
      4,096 SF

      Spacious Multi-Unit Property in San Francisco

      Multi-unit property with three units and flexible living options.
      745 Brazil Ave, San Francisco, CA 94112
      View Details
    • $2,550,000
      3,240 SF

      Telegraph Hill Multifamily Investment Opportunity

      Five-unit building with panoramic roof deck in prime location.
      1217-1219 Kearny St, San Francisco, CA 94133
      View Details

    FAQs

    What type of property is this?
    Storefront property - Two-story commercial building with redevelopment potential near Union Square.
    Where is this storefront property located?
    The property is located at 729 Bush St San Francisco, CA.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: - Prime location in San Francisco's Lower Nob Hill/Downtown, near Union Square and the Financial District, offering high foot traffic and visibility.; - Flexible RC-4 zoning allows for a wide range of commercial uses.; - Significant redevelopment potential, including vertical expansion and modern medical build-outs.
    (212) 913-9058
    Request Owner's contact information
    729 Bush St San Francisco, CA 94108
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    729 Bush St
    San Francisco, CA 94108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    729 Bush St San Francisco, CA 94108
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin S Wong
    Real Estate License ID: 01331542
    (212) 913-9058 (415) 660-9955 (415) 290-2927
    Learn more
    Google sign-in failed. Please try again or use another login method.