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Marina District Commercial Condo
For Sale
$450,000

1734 Lombard Street #A, San Francisco, CA 94123

Versatile commercial condo in a high-traffic Marina District location.

Property Size688 SF
Price / SF$654.07
Days on Market505

Property Features for 1734 Lombard Street #A

General Information

Standard status Active
Size 688 SF

Building Details

Year Built 2005
Listing Agency: KW ADVISORS
Listed By: KAREN MAI
Source: Corcoran
Added: May 21, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 KW ADVISORS

Investment Insights

Based on property information with market context.

Located in San Francisco's Marina District, this ground-level commercial condo offers a versatile 688 sq ft space suitable for owner-users or investors. Zoned NC-3, the property features a bright, glass-front storefront with a flexible layout. The interior includes one private room with a sink, a spacious storage closet, a multi-purpose flex room with a sink cabinet, and an ADA-compliant restroom. Previously a nail salon, the unit is suited for various businesses, including beauty salons, wellness professionals, insurance agencies, real estate offices, and financial services, as well as other retail or office uses. Situated on a busy street with high foot traffic, the property benefits from its proximity to restaurants, fitness studios, and health and beauty businesses. The location provides synergy and exposure. The property also features street frontage and signage opportunities.

Key Highlights

  • Prime Marina District location offering high foot traffic and excellent street frontage.
  • Versatile 688 sq ft commercial condo zoned NC‑3, suitable for various businesses or investment.
  • Flexible layout including a private room with sink, storage closet, multi‑purpose flex room with sink cabinet, and ADA‑compliant restroom.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,953
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,060 $339.1K
Cap Rate 7%
$242,186 $242.2K
Cap Rate 9%
$188,367 $188.4K
Market Conditions
NOI Build-Up for 688 SF
Gross rent
$30.3K $44.04/SF
− Vacancy
−$7.7K −$11.19/SF
EGI
$22.6K $32.85/SF
− OpEx
−$5.7K −$8.21/SF
NOI
$17.0K $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%
$339,060
Cap Rate 7%
$242,186
Cap Rate 9%
$188,367

Alternative Uses

Best Use
Retail
$3.14M
$2.74M – $3.66M (±1% cap)
NOI $219,559 @ 7.0% cap · market cap 48.79%
Second Best
Office B
$242.2K
$211.9K – $282.6K (±1% cap)
NOI $16,953 @ 7.0% cap · market cap 3.77%
Theoretical Best
Specialty Retail
$3.36M
$2.94M – $3.92M (±1% cap)
NOI $235,242 @ 7.0% cap · market cap 52.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Patrick Brennan Photography Photography Service

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Bakery Furniture & Home Goods

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

5,446
Businesses Nearby

Demographics for 94123, CA

26,131
Population
14,883
Households
1.8
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
23,755
Density / Sq Mi
$222,689
Median Household Income
$142,336
Median Earnings
$3,248
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - Versatile commercial condo in a high-traffic Marina District location.
Where is this retail space located?
The property is located at 1734 Lombard Street #A San Francisco, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime Marina District location offering high foot traffic and excellent street frontage.; Versatile 688 sq ft commercial condo zoned NC‑3, suitable for various businesses or investment.; Flexible layout including a private room with sink, storage closet, multi‑purpose flex room with sink cabinet, and ADA‑compliant restroom.
More about this property
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