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Mixed-Use Building with Storefront
For Sale
$975,000

2139 Taraval Street, San Francisco, CA 94116

Updated retail frontage is paired with a private residential unit and multiple outdoor areas.

Property Size1,925 SF
Price / SF$506.49
Days on Market145

Property Features for 2139 Taraval Street

General Information

Standard status Active
Size 1,925 SF
Property subtype Commercial Sale / Mixed Use

Amenities

No

Building Details

Year Built 1924
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Nick Johnson · License #01419663
Source: Compass
Added: Apr 8 Changed: Aug 29 Last Checked: Aug 29 at 3:00PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 1,925-square-foot mixed-use building, constructed in 1924, combines an updated storefront with a separate private residence. The retail space is leased to a piano studio. At the rear, the residential unit offers 1 bedroom and 1 bath, along with a spacious living and dining area featuring period details. Its eat-in kitchen connects to a side deck and breezeway, while the bedroom opens directly to a backyard deck suitable for relaxing or gardening.

The property is located at 2139 Taraval Street in San Francisco’s Parkside District, along Taraval Street. Side access serves the residential portion, and the two-unit configuration brings retail and residential uses together within one building.

Key Highlights

  • 1,925‑square‑foot mixed‑use building with two units
  • Updated storefront leased to a piano studio
  • Rear residence includes 1 bedroom and 1 bath

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,115
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.91%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$762,300 $762.3K
Cap Rate 7%
$544,500 $544.5K
Cap Rate 9%
$423,500 $423.5K
Market Conditions
NOI Build-Up for 1,925 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$69.3K $36.00/SF
− Vacancy
−$8.3K −$4.32/SF
EGI
$61.0K $31.68/SF
− OpEx
−$22.9K −$11.88/SF
NOI
$38.1K $19.80/SF
Area
ZIP 94116
Vacancy
12.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$762,300
Cap Rate 7%
$544,500
Cap Rate 9%
$423,500

Alternative Uses

Best Use
Retail
$8.78M
$7.68M – $10.24M (±1% cap)
NOI $614,319 @ 7.0% cap · market cap 63.01%
Second Best
Mixed Use
$544.5K
$476.4K – $635.3K (±1% cap)
NOI $38,115 @ 7.0% cap · market cap 3.91%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Plumrose Piano Studio ... Tutoring Service

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Skin Care Clinic Grocery & Convenience Store Big Box & Wholesale Store

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

1,175
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
9,528 visits/mo 0.0 miles
O'Reilly Auto Parts Shops & Services
5,682 visits/mo 0.0 miles

Demographics for 94116, CA

44,092
Population
16,406
Households
2.7
Avg Household Size
44
Median Age
57%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
17,637
Density / Sq Mi
$152,587
Median Household Income
$79,675
Median Earnings
$2,938
Median Rent
$1,450,000
Median Home Value

Market

Vacancy Rate% for Retail in San Francisco, CA

4.8% 2019
6.5% 2020
6.6% 2021
6.3% 2022
6.4% 2023
6.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated retail frontage is paired with a private residential unit and multiple outdoor areas.
Where is this mixed-use property located?
The property is located at 2139 Taraval Street San Francisco, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1,925‑square‑foot mixed‑use building with two units; Updated storefront leased to a piano studio; Rear residence includes 1 bedroom and 1 bath
More about this property
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