Three-Unit Mixed-Use
1014 Clement Street San Francisco, CA 94118
1014 Clement Street, San Francisco, CA, 94118
$2,100,000
For Sale
$2,100,000
Mixed-use building with ground-floor retail and office space on upper floors, including a partially vacant third floor.
Property Size5,964 SF
Price / SF$352.11
Days on Market79
Property Features for 1014 Clement Street
General Information
- Standard status
- Active
- Size
- 5,964 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1923
Listing Agency
Urban Group Real Estate
(415) 786-3662
Listed by
Louis Cornejo · License #01518102
(415) 786-3662
Source
Compass
Added: Apr 30 Checked: Jul 16 at 10:28 am
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 Urban Group Real Estate
Investment Insights
Based on property information with market context.
1014 Clement Street is a three-unit, 5,964 SF mixed-use commercial building featuring ground-floor retail with office space across the second and third floors. The property is occupied by Diamond Coffee & Pastry on the ground-floor retail space under a month-to-month lease. Wu's Healing Center operates on the second floor and portions of the first and third floors, secured by a 5-year lease.
The building is located in San Francisco’s Inner Richmond District on Clement Street. The tenant mix combines active retail presence at street level with healthcare-tenant space on the upper levels and part of the first and third floors.
For buyers and operators, the current configuration supports both investment use and owner-user flexibility. In-place cash flow is provided by the 5-year leased healthcare tenant, while the ground-floor retail unit is on a month-to-month arrangement. A substantial portion of the third floor is currently vacant, creating an opportunity for immediate occupancy or for leasing activity in that space.
The building is located in San Francisco’s Inner Richmond District on Clement Street. The tenant mix combines active retail presence at street level with healthcare-tenant space on the upper levels and part of the first and third floors.
For buyers and operators, the current configuration supports both investment use and owner-user flexibility. In-place cash flow is provided by the 5-year leased healthcare tenant, while the ground-floor retail unit is on a month-to-month arrangement. A substantial portion of the third floor is currently vacant, creating an opportunity for immediate occupancy or for leasing activity in that space.
Key Highlights
- 3‑unit, 5,964 SF mixed‑use commercial building on Clement Street in San Francisco’s Inner Richmond District
- Ground‑floor retail and office space; upper floors include second and third‑floor space
- Diamond Coffee & Pastry occupies the ground‑floor retail on a month‑to‑month lease
Local 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 | $262.7k | $44.04 |
| − Vacancy | −$66.7k | −$11.19 |
| EGI | $195.9k | $32.85 |
| − OpEx | −$49.0k | −$8.21 |
| NOI | $147.0k | $24.64 |
5,964 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$27.19M
$23.79M – $31.72M
NOI $1,903,270 @ 7.0% cap · market cap 90.63%
Second Best
Office B
$2.10M
$1.84M – $2.45M
NOI $146,955 @ 7.0% cap · market cap 7.00%
Theoretical Best
Specialty Retail
$29.13M
$25.49M – $33.99M
NOI $2,039,218 @ 7.0% cap · market cap 97.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wu's Healing Center
Alternative Medicine Practice
Wu's Wellness Center
Alternative Medicine Practice
Dreamers' Kitchen
Restaurant
Diamond Coffee n' ...
Cafe & Coffee Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Mixed-use building with ground-floor retail and office space on upper floors, including a partially vacant third floor.
Where is this office building located?
The property is located at 1014 Clement Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3‑unit, 5,964 SF mixed‑use commercial building on Clement Street in San Francisco’s Inner Richmond District; Ground‑floor retail and office space; upper floors include second and third‑floor space; Diamond Coffee & Pastry occupies the ground‑floor retail on a month‑to‑month lease
