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    2117 Market St, Unit San Francisco San Francisco, CA 94114

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    For Sale
    $4,000,000

    Fully leased retail property in vibrant Castro/Upper Market district.

    Property size:
    8,635 SF
    Lot size:
    0.11 Acres

    Property Features for 2117 Market St

    General Information

    Standard status
    Active
    Size
    8,635 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1905

    Source: MAVEN COMMERCIAL, INC. Agent DOMINIC MORBIDELLI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic San Francisco Retail Investment

    Located in San Francisco's Castro/Upper Market district, the historic New Era Hall at 2117-2123 Market Street presents an opportunity to own a fully stabilized, income-generating asset. Constructed in 1906, this 8,635 square foot building blends architectural heritage with modern functionality. Designed by August Nordin, the landmark features Craftsman and Classical Revival details, a Howe Truss system, and ceilings exceeding 17 feet. The property is 100% occupied by long-term tenants Crossroads Trading Co. and the Academy of Ballet, providing income with a 6.19% cap rate. Situated at the Market and Church intersection, the building benefits from visibility, foot traffic, and public transit access. The property includes separate meters and flexible interiors. The location is near retail, dining, and cultural hotspots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Flower Corner, Flowers Of Denmark, Wallflower, Not Just Flowers, Urban Flowers

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.429511
    Latitude
    37.766625

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    FAQs

    What type of property is this?
    Storefront property - Fully leased retail property in vibrant Castro/Upper Market district.
    Where is this storefront property located?
    The property is located at 2117 Market St, Unit San Francisco San Francisco, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 100% occupied with strong, long-term tenants delivering reliable income with a 6.19% cap rate.; - Prime location at the bustling Market & Church intersection in the Castro/Upper Market district, offering high visibility and excellent foot traffic.; - Historic landmark building (New Era Hall, built in 1906) with unique architectural details (Craftsman, Classical Revival, Howe Truss system, 17'+ ceilings).
    (415) 781-7700
    Request Owner's contact information
    2117 Market St, Unit San Francisco San Francisco, CA 94114
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    San Francisco, CA 94114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2117 Market St, Unit San Francisco San Francisco, CA 94114
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