Listing Agency: City Real Estate Show Phone

Listed By: Bradley W. Joe Show Phone

Source: Exprealty

Added: Jun 1, 2025 Changed: Oct 11 Last Checked: Oct 20 at 11:40PM

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Investment Insights

Based on property information with market context.

This ground-level commercial office space is turnkey and configured for professional use, featuring five private offices, two open work areas, a spacious reception area, a kitchenette, and a bathroom. The suite has been freshly updated with new paint and carpeting throughout, and includes a private street-level entrance.

Located in Nob Hill, the building offers central connectivity with quick access to Muni, BART, downtown, Union Square, and the Financial District. The area is supported by a 99 Walk Score and a 100 Transit Score.

Suite #17 offers a flexible internal layout suitable for a range of office configurations while maintaining a clear separation between private offices and shared reception/work areas.

Key Highlights

• Ground‑level commercial office space totaling 2,627 sq ft with a spacious reception area
• Layout includes five private offices plus two open work areas for flexible configurations
• Includes kitchenette and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$64,730

Cap Rate

7.23%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,294,600 $1.3M

Cap Rate 7%

$924,714 $924.7K

Cap Rate 9%

$719,222 $719.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,627 SF

Gross rent

$115.7K $44.04/SF

− Vacancy

−$29.4K −$11.19/SF

EGI

$86.3K $32.85/SF

− OpEx

−$21.6K −$8.21/SF

NOI

$64.7K $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%

$1,294,600

Cap Rate 7%

$924,714

Cap Rate 9%

$719,222

Alternative Uses

Best Use

Office B

$924.7K

$809.1K – $1.08M (±1% cap)

NOI $64,730 @ 7.0% cap · market cap 7.23%

Second Best

Healthcare Medical

$713.3K

$624.2K – $832.2K (±1% cap)

NOI $49,934 @ 7.0% cap · market cap 5.58%

Theoretical Best

Specialty Retail

$12.83M

$11.23M – $14.97M (±1% cap)

NOI $898,227 @ 7.0% cap · market cap 100.36%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Veterinary Clinic Tanning Salon Buffet Adult Day Care Pet Grooming Service Nursing Home

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

Location Intelligence

Trade Area within ½ mile

31,123

Businesses Nearby

Explore this area Business Placement

Demographics for 94111, CA

4,306

Population

3,050

Households

1.4

Avg Household Size

44

Median Age

65%

College-Educated

87%

High-School Grad

0.3 sq mi

ZIP Area

14,353

Density / Sq Mi

$131,343

Median Household Income

$90,965

Median Earnings

$2,334

Median Rent

$1,217,300

Median Home Value

Market

Vacancy Rate% for Office in San Francisco, CA

5.4% 2019

15.8% 2020

18.5% 2021

24.1% 2022

32.5% 2023

34.2% 2024

33.1% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - Ground-level office suite with five private offices, open work areas, reception, kitchenette, and bathroom.

Where is this office unit located?

The property is located at 17-1155 Pine St San Francisco, CA.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Ground‑level commercial office space totaling 2,627 sq ft with a spacious reception area; Layout includes five private offices plus two open work areas for flexible configurations; Includes kitchenette and bathroom