Leased Mixed-Use Property with
For Sale
$3,850,000
215-219 Church Street, San Francisco, CA 94114
Other - San Francisco, CA
Property Size5,674 SF
Lot Size0.07 Acres
Price / SF$678.53
Days on Market42
Property Features for 215-219 Church Street
General Information
Property type
Other
Property subtype
Mixed Use
Bedrooms
8
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Standard status
Active
APN
3544064
Size
5,674 SF
Lot size
0.07 Acres
Building Details
Year built
1905
Architectural style
Other
Listing Agency:
Engel & Völkers San Francisco Union Street
(415) 689-8592
Listed By:
Michael B Johnston
Added: Jun 22
Changed: Jul 15
Last Checked: Aug 2 at 9:06PM
MLS# 426139755
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.
Investment Insights
Based on property information with market context.
215-219 Church Street is a fully leased mixed-use property with retail/restaurant use on the ground floor and two residential flats above. The ground-floor space is occupied by The Rustic, a neighborhood restaurant with dining room, full commercial kitchen, bar area, and outdoor patio seating. The space also includes rear storage and access to a large basement storage area, and the tenant executed a new 10-year lease. In addition to base rent, the restaurant reimburses approximately $2,500 per month in NNN expenses and pays its own utilities.
The upper floors comprise two large 4-bedroom, 1.5-bath residential flats, both fully occupied. The units feature updated kitchens and bathrooms, spacious layouts, abundant natural light, and attractive finishes.
The property has been well maintained and includes recent improvements such as a freshly painted front façade. Tenants pay their own utilities for the residential units, supporting a low-maintenance ownership profile.
The upper floors comprise two large 4-bedroom, 1.5-bath residential flats, both fully occupied. The units feature updated kitchens and bathrooms, spacious layouts, abundant natural light, and attractive finishes.
The property has been well maintained and includes recent improvements such as a freshly painted front façade. Tenants pay their own utilities for the residential units, supporting a low-maintenance ownership profile.
Key Highlights
- Mixed‑use building built in 1905 with a ground‑floor restaurant and two occupied residential flats above
- Restaurant tenant The Rustic: new 10‑year lease and reimburses about $2,500/month in NNN expenses; pays utilities directly
- Restaurant includes dining room, full commercial kitchen, bar area, outdoor patio seating, rear storage, and access to large basement storage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.4k | $54.00 |
| − Vacancy | −$18.3k | −$3.23 |
| EGI | $288.1k | $50.77 |
| − OpEx | −$86.4k | −$15.23 |
| NOI | $201.7k | $35.54 |
5,674 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$27.72M
$24.25M – $32.33M
NOI $1,940,061 @ 7.0% cap · market cap 50.39%
Second Best
Multifamily LT 5
$2.88M
$2.52M – $3.36M
NOI $201,651 @ 7.0% cap · market cap 5.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,289
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully leased mixed-use building with a ground-floor restaurant and two residential flats above, all occupied.
Where is this conventional restaurant 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 $3,850,000.
What are key features of this property?
This property features: Mixed‑use building built in 1905 with a ground‑floor restaurant and two occupied residential flats above; Restaurant tenant The Rustic: new 10‑year lease and reimburses about $2,500/month in NNN expenses; pays utilities directly; Restaurant includes dining room, full commercial kitchen, bar area, outdoor patio seating, rear storage, and access to large basement storage
