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Historic Corner Mixed-Use Building
For Sale
$3,130,000

1582 Folsom Street, San Francisco, CA 94103

Ten residential units sit above a 3,300-square-foot bar and restaurant space with prominent corner frontage.

Property Size9,300 SF
Price / SF$336.56
Days on Market175

Property Features for 1582 Folsom Street

General Information

Standard status Active
Size 9,300 SF
Property subtype Multi Family

Additional Details

Cap Rate 6.85%
Multifamily Units 10

Building Details

Year Built 1916
Tenancy Multi
Listing Agency: Maven Commercial, Inc.
Listed By: Matthew C Sheridan · License #01878802
Source: Swanngroupsf
Added: Mar 16 Changed: Sep 5 Last Checked: Sep 6 at 11:30AM

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 Commercial, Inc.

Investment Insights

Based on property information with market context.

This historic corner mixed-use building includes 10 residential units, consisting of six one-bedrooms and four studios, positioned above a large bar and restaurant space. The property also features a ground-floor commercial area with prominent frontage along Folsom and 12th Streets.

The ground-floor retail lease is set to expire next year. The majority of the residential units have been renovated with updated kitchens and bathrooms. Additional documented improvements include a completed seismic retrofit and a fire alarm system upgrade, supporting the building’s current operational readiness.

In total, the building comprises approximately 9,300 square feet, combining the residential units and the 3,300-square-foot bar and restaurant space.

Key Highlights

  • Built in 1916, historic corner mixed‑use building with 10 residential units above 3,300 SF bar and restaurant space
  • Residential unit mix: 6 one‑bedrooms and 4 studios
  • Total building area is 9,300 SF; retail has prominent corner frontage along Folsom and 12th Streets

Property Analytics

Current Use

The Willows Restaurant

Suggested Use

Top Pick Nursing Home Tanning Salon Buffet Clothing & Fashion Store Restaurant Fish Market

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

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10,493
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten residential units sit above a 3,300-square-foot bar and restaurant space with prominent corner frontage.
Where is this apartment building located?
The property is located at 1582 Folsom Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,130,000.
What are key features of this property?
This property features: Built in 1916, historic corner mixed‑use building with 10 residential units above 3,300 SF bar and restaurant space; Residential unit mix: 6 one‑bedrooms and 4 studios; Total building area is 9,300 SF; retail has prominent corner frontage along Folsom and 12th Streets
More about this property
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