SOMA Mixed-Use Work/Live
22-24 Russ Street, San Francisco, CA 94103
Two-unit mixed-use building in San Francisco's SOMA neighborhood.
Type:Commercial Sale / Mixed Use
Property size:
3,750 SFPrice / SF:
$320/SF- Added:
- Feb 20, 2026
- Days on Market:
- 102
- Last Refresh:
- Mar 13 at 3:12 pm
Property Features for 22-24 Russ Street
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1907
Listing agent Anastasia Ro Beckett License #02346935 (415) 863-1775
Listing office Urban Group Real Estate (415) 863-1775
Listing date Feb 20, 2026
Source Compass
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 Urban Group Real Estate
HighLights
- Rare two‑unit mixed‑use work/live building in SOMA.
- Excellent location with a walk score of 98 and a transit score of 100.
- Spacious design with approximately 3,750 square feet.
- Suitable for both owner‑users and investors.
- Ideal for creative use.
- Loading clearance of 8'-12'.
Overview
Located in San Francisco's SOMA neighborhood, 22-24 Russ Street is a two-unit mixed-use building offering approximately 3,750 square feet of space. The property is suitable for both owner-users and investors. The location has a walk score of 98 and a transit score of 100. The building's spacious design and central location make it ideal for creative uses.
Local Financial Insights For Office B
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 | $165.2k | $44.04 |
| − Vacancy | −$41.9k | −$11.19 |
| EGI | $123.2k | $32.85 |
| − OpEx | −$30.8k | −$8.21 |
| NOI | $92.4k | $24.64 |
3,750 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,401 @ 7.0% cap · market cap 7.70%
Second Best
Mixed Use
$1.20M
$1.05M – $1.39M
NOI $83,672 @ 7.0% cap · market cap 6.97%
Theoretical Best
Specialty Retail
$18.32M
$16.03M – $21.37M
NOI $1,282,205 @ 7.0% cap · market cap 106.85%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.4090134
- Latitude
- 37.7793712
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two-unit mixed-use building in San Francisco's SOMA neighborhood.
Where is this mixed-use property located?
The property is located at 22-24 Russ Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Rare two‑unit mixed‑use work/live building in SOMA.; Excellent location with a walk score of 98 and a transit score of 100.; Spacious design with approximately 3,750 square feet.
