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Medical Office Condominium
New
For Sale
$1,470,000

2191 Market #6, San Francisco, CA 94114

The property offers transit connections to Muni and BART, with on-site parking subject to availability.

Property Size1,840 SF
Price / SF$798.91
Days on Market5

Property Features for 2191 Market #6

General Information

Standard status Active
Size 1,840 SF
Property subtype Commercial

Site & Location

Neighborhood Castro/Upper Market
Public Transit Yes

Additional Details

Asking Price $1,470,000

Building Details

Year Built 2002
Listing Agency: COMPASS
Listed By: DAVID R BELL · License #01862467
Source: Corcoran
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 2:31PM

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 COMPASS

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Investment Insights

Based on property information with market context.

This 1,840-square-foot medical office condominium was built in 2002. The space is described with an open plan and natural light, providing a flexible interior for professional service use.

Located on Upper Market Street in San Francisco, the property has direct access to Muni and BART. On-site parking is available subject to availability.

Key Highlights

  • 1,840‑square‑foot medical office condominium
  • Built in 2002
  • Direct access to Muni and BART

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,338
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$906,760 $906.8K
Cap Rate 7%
$647,686 $647.7K
Cap Rate 9%
$503,756 $503.8K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$81.0K $44.04/SF
− Vacancy
−$20.6K −$11.19/SF
EGI
$60.5K $32.85/SF
− OpEx
−$15.1K −$8.21/SF
NOI
$45.3K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$906,760
Cap Rate 7%
$647,686
Cap Rate 9%
$503,756

Alternative Uses

Best Use
Office B
$647.7K
$566.7K – $755.6K (±1% cap)
NOI $45,338 @ 7.0% cap · market cap 3.08%
Second Best
Healthcare Medical
$499.6K
$437.2K – $582.9K (±1% cap)
NOI $34,975 @ 7.0% cap · market cap 2.38%
Theoretical Best
Specialty Retail
$8.99M
$7.86M – $10.49M (±1% cap)
NOI $629,135 @ 7.0% cap · market cap 42.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Adult Day Care Clothing & Fashion Store Tanning Salon

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

8,206
Businesses Nearby
Under-served
Demand for This Use

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 Office in San Francisco, CA

5.4% 2019
15.8% 2020
18.5% 2021
24.1% 2022
32.5% 2023
34.2% 2024
33.1% 2025

Similar Off Market Nearby

  • Mission Pet Hospital — 720 Valencia St, San Francisco, CA 94110
  • David Gordon — 720 Valencia St, San Francisco, CA 941101735
  • Psychotherapy Office Of Cat Grace-Crisologo — 201 Sanchez St, San Francisco, CA 94114
  • The Castro Animal Hospital — 100 Church St suite b, San Francisco, CA 94114
  • VCA All Pets Hospital — 269 S Van Ness Ave, San Francisco, CA 94103

Frequently Asked Questions

What type of property is this?
Medical Office Space - The property offers transit connections to Muni and BART, with on-site parking subject to availability.
Where is this medical office space located?
The property is located at 2191 Market #6 San Francisco, CA.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: 1,840‑square‑foot medical office condominium; Built in 2002; Direct access to Muni and BART
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