Mixed-Use Property with
New
For Sale
$3,995,000
215-219 Church Street, San Francisco, CA 94114
San Francisco, CA
Property Size5,674 SF
Price / SF$704.09
Days on Market2
Property Features for 215-219 Church Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4
Standard status
Active
Size
5,674 SF
Building Details
Year built
1905
Listing Agency:
Engel & Volkers San Francisco Union Street · Engel & Völkers
(415) 689-8592
Listed By:
Michael B Johnston
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:06PM
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.
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Investment Insights
Based on property information with market context.
At 215-219 Church Street, this 5,674-square-foot mixed-use property combines a ground-floor restaurant with two residential flats. The restaurant, The Rustic, includes a dining room, commercial kitchen, bar, outdoor patio, rear storage and access to basement storage. Its space was renovated, and the restaurant has a 10-year lease. Each upper flat has four bedrooms and 1.5 bathrooms, along with updated kitchens and bathrooms. The building dates to 1905.
Both flats are occupied, and their residents pay their own utilities. The restaurant also pays its utilities directly. Recent work includes fresh paint on the front facade. The reported capitalization rate on current income is 7.5%.
Both flats are occupied, and their residents pay their own utilities. The restaurant also pays its utilities directly. Recent work includes fresh paint on the front facade. The reported capitalization rate on current income is 7.5%.
Key Highlights
- Ground‑floor restaurant with a 10‑year lease
- Two occupied residential flats, each with 4 bedrooms and 1.5 bathrooms
- 5,674 square feet; built in 1905
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.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,206
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor dining space is paired 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: Ground‑floor restaurant with a 10‑year lease; Two occupied residential flats, each with 4 bedrooms and 1.5 bathrooms; 5,674 square feet; built in 1905
