1939 Divisadero Street, San Francisco, CA 94115

Building Details

Year built

1923

Architectural style

Other

Listing agent Michael B Johnston

Listing office Engel & Völkers San Francisco Union Street S***@engelvoelkers.com 2200 Union Street, San Francisco, CA Show Phone

Listing date Jun 25, 2026

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MLS# 426142225 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

1939 Divisadero Street is a turnkey, professionally maintained building originally constructed as an apartment building and converted into office suites. The property is configured with 24 individual office spaces plus one ground-floor retail suite, offering a mixed-use setup within a single investment asset. Management is in place and may be available to remain, supporting a smooth transition for a new owner.

The building is located at 1939 Divisadero Street in San Francisco, positioned along the Divisadero corridor. The tenant base is primarily composed of therapists and counseling professionals, reflecting a roster of small tenant operations. Current occupancy is strong, with only three office vacancies noted in the remarks.

For investors and owner-users, the mix of many smaller spaces and a flexible lease structure provides practical operating options. The property is described as income-producing with an in-place 6.5% capitalization rate based on current performance, while still allowing room for continued rental growth through the remaining vacancy and leasing momentum. This setup can appeal to buyers looking for apartment-style stability paired with commercial flexibility in a professional office and retail configuration.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

San Francisco

County

San Mateo

State

California

Longitude

-122.440678

Latitude

37.787652

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FAQs

What type of property is this?

Office building - Turnkey office building with 24 suites and a ground-floor retail suite, with only three office vacancies.

Where is this office building located?

The property is located at 1939 Divisadero Street San Francisco, CA.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Built in 1923; converted from an original apartment building into professional office suites; 24 individual office spaces plus 1 ground‑floor retail suite; Tenant roster primarily includes therapists and counseling professionals