Mixed-Use Building with
For Sale
$3,995,000
215-219 Church Street, San Francisco, CA 94114
A leased restaurant occupies the ground floor, with two occupied residential flats above.
Property Size5,674 SF
Price / SF$704.09
Days on Market129
Property Features for 215-219 Church Street
General Information
Standard status
Active
Size
5,674 SF
Property subtype
Mixed Use
Occupancy
100%
Units
Unit Mix
2 x 4BR/1.5BA
Multifamily Units
2
Additional Details
Cap Rate
7.5%
Patio
Yes
Amenities
rear storage
basement storage
Building Details
Building Size
5,674 SF
Year Built
1905
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Engel & Voelkers San Francisco
Listed By:
Michael B Johnston
(415) 689-8592
Source:
Cityrealestatesf
Added: Jun 15
Changed: Oct 21
Last Checked: Oct 20 at 8:40PM
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 Engel & Voelkers San Francisco
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Investment Insights
Based on property information with market context.
This mixed-use property combines a ground-floor restaurant with two residential flats on the upper floors. The restaurant includes a dining room, commercial kitchen, bar, patio seating, rear storage, and basement storage. Its tenant recently signed a 10-year lease and pays its own utilities under an NNN arrangement. The two flats each contain four bedrooms and 1.5 bathrooms, with updated kitchens and bathrooms. The building dates to 1905, and the front facade has been freshly painted.
Located on Church Street in San Francisco’s Mission Dolores neighborhood, the property is fully occupied. Current income is represented by a 7.5% cap rate.
Located on Church Street in San Francisco’s Mission Dolores neighborhood, the property is fully occupied. Current income is represented by a 7.5% cap rate.
Key Highlights
- 7.5% cap rate on current income
- Fully occupied mixed‑use property with a restaurant and two residential flats
- Restaurant tenant signed a new 10‑year lease with NNN expense structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,218
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,684,360
$3.7M
Cap Rate 7%
$2,631,686
$2.6M
Cap Rate 9%
$2,046,867
$2.0M
Market Conditions
NOI Build-Up for 5,674 SF
Gross rent
$357.5K $63.00/SF
− Vacancy
−$22.5K −$3.97/SF
EGI
$334.9K $59.03/SF
− OpEx
−$150.7K −$26.56/SF
NOI
$184.2K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,684,360
Cap Rate 7%
$2,631,686
Cap Rate 9%
$2,046,867
Alternative Uses
Best Use
Specialty Retail
$27.72M
$24.25M – $32.33M
NOI $1,940,061 @ 7.0% cap · market cap 48.56%
Second Best
Apartment 5plus
$2.63M
$2.30M – $3.07M
NOI $184,218 @ 7.0% cap · market cap 4.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 94114, CA
33,683
Population
18,686
Households
1.8
Avg Household Size
40
Median Age
79%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
24,059
Density / Sq Mi
$196,528
Median Household Income
$117,677
Median Earnings
$2,898
Median Rent
$1,771,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A leased restaurant occupies the ground floor, with two occupied residential flats above.
Where is this mixed-use property located?
The property is located at 215-219 Church Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 7.5% cap rate on current income; Fully occupied mixed‑use property with a restaurant and two residential flats; Restaurant tenant signed a new 10‑year lease with NNN expense structure
