Mixed-Use Building in Japantown
For Sale
$6,750,000
1600 Post Street, San Francisco, CA 94115
Mixed-use building in San Francisco's Japantown, featuring office and retail spaces.
Property Size23,263 SF
Price / SF$290.16
Days on Market543
Property Features for 1600 Post Street
General Information
Standard status
Active
Size
23,263 SF
Building Details
Year Built
1984
Listing Agency:
COMPASS COMMERCIAL
Listed By:
DAVIS NGUYEN · License #01509978
(415) 345-3000
Source:
Corcoran
Added: Apr 21, 2025
Changed: Mar 16
Last Checked: Oct 15 at 6:50AM
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 COMPASS COMMERCIAL
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Investment Insights
Based on property information with market context.
Located at the northwest corner of Post Street and Laguna Street in San Francisco's Japantown District, this mixed-use building at 1600-1610 Post Street presents a commercial real estate opportunity. Constructed in 1984, the well-maintained property offers approximately 23,263 square feet of space. The building includes 22 office suites and 2 ground-floor retail suites. The building consists of 3 floors and includes a 4,068 square foot, fully finished, lower level. All tenants are responsible for paying CAM (Common Area Maintenance) reimbursements. Positioned within a 50-X height zoning designation, the property also offers a potential future development opportunity, subject to planning approvals.
Key Highlights
- Prime location in San Francisco's Japantown District at the corner of Post and Laguna Streets.
- Mixed‑use building with 22 office suites and 2 ground‑floor retail suites.
- Steady income stream with tenants responsible for CAM reimbursements.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$573,209
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,464,180
$11.5M
Cap Rate 7%
$8,188,700
$8.2M
Cap Rate 9%
$6,368,989
$6.4M
Market Conditions
NOI Build-Up for 23,263 SF
Gross rent
$1.02M $44.04/SF
− Vacancy
−$260.2K −$11.19/SF
EGI
$764.3K $32.85/SF
− OpEx
−$191.1K −$8.21/SF
NOI
$573.2K $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%
$11,464,180
Cap Rate 7%
$8,188,700
Cap Rate 9%
$6,368,989
Alternative Uses
Best Use
Retail
$106.05M
$92.80M – $123.73M
NOI $7,423,840 @ 7.0% cap · market cap 109.98%
Second Best
Office B
$8.19M
$7.17M – $9.55M
NOI $573,209 @ 7.0% cap · market cap 8.49%
Theoretical Best
Specialty Retail
$113.63M
$99.43M – $132.57M
NOI $7,954,114 @ 7.0% cap · market cap 117.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
10,848
Businesses Nearby
Explore this area
Business Placement
Demographics for 94115, CA
35,853
Population
19,312
Households
1.9
Avg Household Size
38
Median Age
74%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
32,594
Density / Sq Mi
$154,264
Median Household Income
$103,538
Median Earnings
$2,380
Median Rent
$1,684,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building in San Francisco's Japantown, featuring office and retail spaces.
Where is this mixed-use property located?
The property is located at 1600 Post Street San Francisco, CA.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Prime location in San Francisco's Japantown District at the corner of Post and Laguna Streets.; Mixed‑use building with 22 office suites and 2 ground‑floor retail suites.; Steady income stream with tenants responsible for CAM reimbursements.
