Flex Space with Office/Retail
For Sale
Contact for pricing
1545 Pacific Ave, San Francisco, CA 94109
Flex space offering flexible zoning with office, retail, and flex space configuration, plus short- or long-term lease options.
Property Size13,611 SF
Price / SF$396.74
Days on Market732
Property Features for 1545 Pacific Ave
General Information
Standard status
Active
Size
13,611 SF
Property subtype
OFFICE
Listing Agency:
Maven Properties | San Francisco
(415) 781-7700
Listed By:
Dominic Morbidelli · License #02024348
(510) 504-6432
Source:
Moodyscre
Added: Oct 21, 2024
Changed: Oct 4
Last Checked: Oct 21 at 12:30AM
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 Maven Properties | San Francisco
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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.
1545 Pacific Ave presents a flex space opportunity with an office/retail/flex configuration. The offering includes a 2,000 SF component within a larger 13,611 SF building, supporting a variety of potential layouts and uses under flexible zoning. The property is available for sale and/or lease, with short- or long-term lease options.
The building is positioned as a full building opportunity, which can be helpful for users seeking greater control of the space rather than a smaller suite. Lease and sale structuring flexibility is indicated, supporting different occupancy and ownership pathways.
For businesses looking for a work/live/serve-style footprint that can incorporate office and retail functions, this flex space package provides an adaptable framework with flexible zoning and an offering built around the full property size.
The building is positioned as a full building opportunity, which can be helpful for users seeking greater control of the space rather than a smaller suite. Lease and sale structuring flexibility is indicated, supporting different occupancy and ownership pathways.
For businesses looking for a work/live/serve-style footprint that can incorporate office and retail functions, this flex space package provides an adaptable framework with flexible zoning and an offering built around the full property size.
Key Highlights
- Full building opportunity for flex space use
- 13,611 SF office/retail/flex space building
- 2,000 SF office/retail/flex component included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$335,380
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,707,600
$6.7M
Cap Rate 7%
$4,791,143
$4.8M
Cap Rate 9%
$3,726,444
$3.7M
Market Conditions
NOI Build-Up for 13,611 SF
Gross rent
$599.4K $44.04/SF
− Vacancy
−$152.3K −$11.19/SF
EGI
$447.2K $32.85/SF
− OpEx
−$111.8K −$8.21/SF
NOI
$335.4K $24.64/SF
Area
ZIP 94109
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%
$6,707,600
Cap Rate 7%
$4,791,143
Cap Rate 9%
$3,726,444
Alternative Uses
Best Use
Retail
$62.05M
$54.30M – $72.39M
NOI $4,343,631 @ 7.0% cap · market cap 80.44%
Second Best
Office B
$4.79M
$4.19M – $5.59M
NOI $335,380 @ 7.0% cap · market cap 6.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,715
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 94109, CA
58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
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Market
Vacancy Rate% for Office in San Francisco, CA
Similar Off Market Nearby
- Crafted Cocktails Catering — 823 Geary St, San Francisco, CA 94109
- Hungry Kitchens — 2021 Fillmore St ste 1212, San Francisco, CA 94115
- Italian Pasta Kitchen — Located inside Kasa, 1356 Polk St B, San Francisco, CA 94109
- Club Minibar-Downtown — 500 Sutter St # 901, San Francisco, CA 94102
- Soni's Supper Club — 1610 Sacramento St, San Francisco, CA 94109
Frequently Asked Questions
What type of property is this?
Flex space - Flex space offering flexible zoning with office, retail, and flex space configuration, plus short- or long-term lease options.
Where is this flex space located?
The property is located at 1545 Pacific Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Full building opportunity for flex space use; 13,611 SF office/retail/flex space building; 2,000 SF office/retail/flex component included
