Retail Space in Mid-Rise
2177 3rd St, San Francisco, CA 94107
For Sale
New
Contact for pricing
The space is part of a mixed-use residential building near transit, parks, and major neighborhood destinations.
Property Size915 SF
Price / SF$760
Days on Market6
Property Features for 2177 3rd St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
CBRE | San Francisco
(415) 772-0123
Listed By:
Benzi Blatman · License CA #02110726
(415) 318-6264
Source:
Moodyscre
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 10 at 11:35AM
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 CBRE | San Francisco
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 915-square-foot retail space occupies part of a mid-rise residential building at 2177 3rd St in San Francisco. The building includes residential and retail components.
Nearby destinations include Chase Center, UCSF Mission Bay Campus, Crane Cove Park, and Pier 70. Caltrain and Muni light rail are also in the area.
Nearby destinations include Chase Center, UCSF Mission Bay Campus, Crane Cove Park, and Pier 70. Caltrain and Muni light rail are also in the area.
Key Highlights
- 915‑square‑foot retail space within a mid‑rise residential building
- Near Chase Center, UCSF Mission Bay Campus, Crane Cove Park, and Pier 70
- Caltrain and Muni light rail are nearby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,366
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,320
$467.3K
Cap Rate 7%
$333,800
$333.8K
Cap Rate 9%
$259,622
$259.6K
Market Conditions
NOI Build-Up for 915 SF
Gross rent
$35.0K $38.28/SF
− Vacancy
−$1.6K −$1.80/SF
EGI
$33.4K $36.48/SF
− OpEx
−$10.0K −$10.94/SF
NOI
$23.4K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,320
Cap Rate 7%
$333,800
Cap Rate 9%
$259,622
Alternative Uses
Best Use
Retail
$333.8K
$292.1K – $389.4K
NOI $23,366 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$464.6K
$406.5K – $542.0K
NOI $32,519 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,449
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 76%
Shops & Services 24%
RH (Restoration Hardware)
Home Improvements & Furnishings
16,096 visits/mo
0.1 miles
Shell
Shops & Services
5,177 visits/mo
0.4 miles
Demographics for 94107, CA
34,012
Population
18,798
Households
1.8
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
1.9 sq mi
ZIP Area
17,901
Density / Sq Mi
$186,123
Median Household Income
$118,676
Median Earnings
$3,378
Median Rent
$1,227,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in San Francisco, CA
Properties on Market for Retail space in San Francisco
Vacancy Rate% for Retail in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Retail space - The space is part of a mixed-use residential building near transit, parks, and major neighborhood destinations.
Where is this retail space located?
The property is located at 2177 3rd St San Francisco, CA.
What is the asking price?
The asking price for this property is $695,400.
What are key features of this property?
This property features: 915‑square‑foot retail space within a mid‑rise residential building; Near Chase Center, UCSF Mission Bay Campus, Crane Cove Park, and Pier 70; Caltrain and Muni light rail are nearby
