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Mixed-Use Property with Residential Hotel

1278-1298 Market St, San Francisco, CA 94102

For Sale
Contact for pricing

Ground-level commercial space is paired with an 80-room residential hotel above.

Property Size49,760 SF
Price / SF$105.51
Days on Market17

Property Features for 1278-1298 Market St

General Information

Standard status Active
Size 49,760 SF
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood Tenderloin
Road Access Yes
Public Transit Yes
Mixed-Use Components retail, residential

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Multifamily Units 137

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Colton Commercial & Partners
Listed By: Jay Shaffer · License CA #01444640
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 12 at 4:39AM

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 Colton Commercial & Partners

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 1278–1298 Market Street, this mixed-use property contains approximately 27,450 square feet on a 7,370-square-foot lot and dates to 1907. The ground floor is occupied by a restaurant and a community services provider. Above, the Chase Hotel has 80 residential hotel rooms and is masterleased to one operator. Seventeen rooms carry Tourist Designation, allowing nightly rental. A rooftop antenna license provides an additional leased component.

The building has frontage on Market Street, near Civic Center Plaza and the Civic Center/UN Plaza BART and Muni Metro station. The Van Ness corridor is also nearby.

Key Highlights

  • Approximately 27,450 square feet on a 7,370‑square‑foot lot
  • 80‑room residential hotel masterleased to one operator
  • 17 Tourist Designation rooms permit nightly rental

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Tanning Salon Fish Market Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

137
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

12,284
Businesses Nearby

Demographics for 94102, CA

39,432
Population
23,153
Households
1.7
Avg Household Size
40
Median Age
42%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
56,331
Density / Sq Mi
$64,781
Median Household Income
$55,873
Median Earnings
$1,517
Median Rent
$996,300
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in San Francisco, CA

$588 Jul
$550 Aug
$560 Sep
$538 Oct

Properties on Market for Mixed-use properties in San Francisco

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level commercial space is paired with an 80-room residential hotel above.
Where is this mixed-use property located?
The property is located at 1278-1298 Market St San Francisco, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Approximately 27,450 square feet on a 7,370‑square‑foot lot; 80‑room residential hotel masterleased to one operator; 17 Tourist Designation rooms permit nightly rental
(415) 407-3997 Call to check price and availability
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