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Mixed-Use Building with Commercial Space

2476-2478 Harrison Street, San Francisco, CA 94110

For Sale
$2,099,000

Two residential units accompany a tenant-occupied commercial space near transit and neighborhood dining.

Property Size4,740 SF
Price / SF$442.83
Days on Market53

Property Features for 2476-2478 Harrison Street

General Information

Standard status Active
Size 4,740 SF
Property subtype Mixed Use
Occupancy 100%

Site & Location

Neighborhood Mission
Highway Access Yes
Public Transit Yes
Mixed-Use Components retail, residential

Units

Unit Mix 1 x 2 bd + den / 1 ba, 1 x 1 bd / 1 ba
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Building Size 4,740 SF
Year Built 1890
Construction Victorian
Tenancy Multi
Listing Agency: Vanguard Properties
Listed By: Olivia O Ongpin
Source: Clearstoryre
Added: Sep 18 Changed: Nov 7 Last Checked: Nov 8 at 8:21PM

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 Vanguard Properties

Rey
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Investment Insights

Based on property information with market context.

Built in 1890, this 4,740-square-foot mixed-use property combines street-level commercial space with two upper-level residences. The second-floor unit has one bedroom and one bathroom; the top-floor residence includes two bedrooms, a den, one bathroom, and an outdoor deck. Residential interiors feature high ceilings, natural light, and original wood floors. All spaces are tenant occupied.

The property is at Harrison Street and 21st Street, near restaurants, bars, MUNI service, and freeways. The commercial space is configured at street level with a zero-lot-line placement.

Key Highlights

  • 4,740‑square‑foot mixed‑use property built in 1890
  • Street‑level commercial space with zero‑lot‑line placement
  • Second‑floor residence with 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$146,566
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,931,320 $2.9M
Cap Rate 7%
$2,093,800 $2.1M
Cap Rate 9%
$1,628,511 $1.6M
Market Conditions
NOI Build-Up for 4,740 SF
Gross rent
$284.4K $60.00/SF
− Vacancy
−$17.9K −$3.78/SF
EGI
$266.5K $56.22/SF
− OpEx
−$119.9K −$25.30/SF
NOI
$146.6K $30.92/SF
Area
ZIP 94110
Vacancy
6.30%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,931,320
Cap Rate 7%
$2,093,800
Cap Rate 9%
$1,628,511

Alternative Uses

Best Use
Apartment 5plus
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,566 @ 7.0% cap · market cap 6.98%
Second Best
Mixed Use
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,985 @ 7.0% cap · market cap 4.57%
Theoretical Best
Multifamily LT 5
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $159,099 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Pet Grooming Service Nursing Home Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7,393
Businesses Nearby

Demographics for 94110, CA

68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in San Francisco, CA

$588 Jul
$550 Aug
$560 Sep
$538 Oct

Properties on Market for Mixed-use properties in San Francisco

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units accompany a tenant-occupied commercial space near transit and neighborhood dining.
Where is this mixed-use property located?
The property is located at 2476-2478 Harrison Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: 4,740‑square‑foot mixed‑use property built in 1890; Street‑level commercial space with zero‑lot‑line placement; Second‑floor residence with 1 bedroom and 1 bathroom
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