Historic Concrete Flex
For Sale
Contact for pricing
1069-1073 Howard Street, San Francisco, CA 94103
Three-level mixed-use flex property with loading access, freight service, and adaptable creative workspace improvements.
Property Size13,800 SF
Lot Size0.09 Acres
Price / SF$412.61
Days on Market54
Property Features for 1069-1073 Howard Street
General Information
Standard status
Active
Size
13,800 SF
Lot size
0.09 Acres
Property subtype
Retail, Industrial
Zoning
Mixed Use General (MUG)
Occupancy
100%
Lease Type
Gross
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
security cameras
ethernet wiring
kitchens
wine cellar
speakeasy
Building Details
Year Built
1927
Buildings
1
Stories
3
Tenancy
Single
Building Size
13,800 SF
Construction
concrete frame
Listing Agency:
Vanguard Properties San Francisco
Listed By:
Cheryl Maloney · License #CA 0196668
(415) 655-5600
Source:
Crexi
Added: Aug 24
Changed: Oct 6
Last Checked: Oct 16 at 7:03AM
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 Vanguard Properties San Francisco
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Investment Insights
Based on property information with market context.
This three-level flex property with a basement contains more than 13,800 square feet across a 3,746-square-foot rectangular lot. The poured-concrete structure was built in 1927 and includes high ceilings, large windows, updated bathrooms, two kitchens, five bathrooms, commercial electrical service, ethernet wiring, and security cameras. A freight elevator, loading dock, and two Howard Street pedestrian entrances support practical circulation between levels.
The building occupies the southeast corner of Howard and Moss streets within the Western SOMA Light Industrial and Residential Historic District. It is located in the Mixed Use General (MUG) Zoning District, the SOMA Youth and Family Zone Special Use District, and the SOMA Special Sign District, with an 85-foot height limit. Transit and regional access include BART, MUNI, CalTrain, bus service, and nearby I-101 and I-280 connections.
The property is fully leased to one tenant, with an option for vacant delivery. Existing use includes collaborative workspace, a letterpress shop, a ground-floor retail store, and specialized creative facilities including a basement speakeasy and wine cellar.
The building occupies the southeast corner of Howard and Moss streets within the Western SOMA Light Industrial and Residential Historic District. It is located in the Mixed Use General (MUG) Zoning District, the SOMA Youth and Family Zone Special Use District, and the SOMA Special Sign District, with an 85-foot height limit. Transit and regional access include BART, MUNI, CalTrain, bus service, and nearby I-101 and I-280 connections.
The property is fully leased to one tenant, with an option for vacant delivery. Existing use includes collaborative workspace, a letterpress shop, a ground-floor retail store, and specialized creative facilities including a basement speakeasy and wine cellar.
Key Highlights
- More than 13,800 square feet per tax records on a 3,746‑square‑foot rectangular lot
- Three levels over a basement with high ceilings, large windows, and usable footage throughout
- Freight elevator and loading dock, including street‑level and truck‑height access on Moss Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$340,037
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,800,740
$6.8M
Cap Rate 7%
$4,857,671
$4.9M
Cap Rate 9%
$3,778,189
$3.8M
Market Conditions
NOI Build-Up for 13,800 SF
Gross rent
$607.8K $44.04/SF
− Vacancy
−$154.4K −$11.19/SF
EGI
$453.4K $32.85/SF
− OpEx
−$113.3K −$8.21/SF
NOI
$340.0K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,800,740
Cap Rate 7%
$4,857,671
Cap Rate 9%
$3,778,189
Alternative Uses
Best Use
Office B
$4.86M
$4.25M – $5.67M
NOI $340,037 @ 7.0% cap · market cap 5.97%
Second Best
Warehouse
$4.07M
$3.56M – $4.75M
NOI $285,039 @ 7.0% cap · market cap 5.01%
Theoretical Best
Specialty Retail
$67.41M
$58.98M – $78.64M
NOI $4,718,513 @ 7.0% cap · market cap 82.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14,923
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
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 San Francisco, CA
Similar Off Market Nearby
- Cochinita — 428 11th St, San Francisco, CA 94103
- Mission Bay Foods — 2 Henry Adams St # M95, San Francisco, CA 94103
- Hardwood Bar & Smokery — 680 8th St, San Francisco, CA 94103
- Models On The Run Catering — 140 S Van Ness Ave UNIT 403, San Francisco, CA 94103
- Goodhart Coffee Catering of San Francisco Bay Area — 129 Kissling St, San Francisco, CA 94103
Frequently Asked Questions
What type of property is this?
Flex space - Three-level mixed-use flex property with loading access, freight service, and adaptable creative workspace improvements.
Where is this flex space located?
The property is located at 1069-1073 Howard Street San Francisco, CA.
What is the asking price?
The asking price for this property is $5,694,000.
What are key features of this property?
This property features: More than 13,800 square feet per tax records on a 3,746‑square‑foot rectangular lot; Three levels over a basement with high ceilings, large windows, and usable footage throughout; Freight elevator and loading dock, including street‑level and truck‑height access on Moss Street
