Mixed-Use Building with
2485 Mission Street, San Francisco, CA 94110
For Sale
$7,495,000
The property combines street-level shops with professional office space and an undeveloped basement.
Property Size14,780 SF
Price / SF$507.10
Days on Market47
Property Features for 2485 Mission Street
General Information
Standard status
Size
Property subtype
Occupancy
Net Operating Income
Site & Location
Neighborhood
Corner Location
Public Transit
Utilities to Site
Mixed-Use Components
Additional Details
Cap Rate
Tenant in Place
Property Use
Amenities
private restrooms in each retail space
two common office restrooms
11 electrical meters
separately metered utilities for retail tenants
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Vanguard Properties
Listed By:
Jean-Paul Samaha
Source:
Clearstoryre
Added: Sep 23
Changed: Nov 7
Last Checked: Nov 7 at 6:08PM
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
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Investment Insights
Based on property information with market context.
This 14,780-square-foot mixed-use building, completed in 1925, contains eight retail spaces at street level and professional offices on the floor above. Each shop has a private restroom, while office occupants share two additional restrooms. The basement spans approximately 9,000 square feet and remains undeveloped. Retail utilities are separately metered, with 11 electrical meters serving the property.
The building is fully leased, with key lease expirations falling between 2028 and 2031. Its tenant mix includes food service, grocery and liquor, personal care, wireless, jewelry, insurance, legal, dental, and property services. The property is at the Mission and 21st Streets corner in San Francisco, near BART and Foreign Cinema, Lolinda, Arcana, and Alamo Drafthouse. Financial metrics provided include a 5.57% cap rate and 12.50 GRM.
The building is fully leased, with key lease expirations falling between 2028 and 2031. Its tenant mix includes food service, grocery and liquor, personal care, wireless, jewelry, insurance, legal, dental, and property services. The property is at the Mission and 21st Streets corner in San Francisco, near BART and Foreign Cinema, Lolinda, Arcana, and Alamo Drafthouse. Financial metrics provided include a 5.57% cap rate and 12.50 GRM.
Key Highlights
- 14,780‑square‑foot building completed in 1925
- Eight ground‑floor retail spaces and professional offices on the second floor
- Approximately 9,000‑square‑foot undeveloped basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$299,295
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,985,900
$6.0M
Cap Rate 7%
$4,275,643
$4.3M
Cap Rate 9%
$3,325,500
$3.3M
Market Conditions
NOI Build-Up for 14,780 SF
Gross rent
$532.1K $36.00/SF
− Vacancy
−$53.2K −$3.60/SF
EGI
$478.9K $32.40/SF
− OpEx
−$179.6K −$12.15/SF
NOI
$299.3K $20.25/SF
Area
ZIP 94110
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,985,900
Cap Rate 7%
$4,275,643
Cap Rate 9%
$3,325,500
Alternative Uses
Best Use
Retail
$67.38M
$58.96M – $78.61M
NOI $4,716,690 @ 7.0% cap · market cap 62.93%
Second Best
Mixed Use
$4.28M
$3.74M – $4.99M
NOI $299,295 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$72.19M
$63.17M – $84.23M
NOI $5,053,596 @ 7.0% cap · market cap 67.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6,597
Businesses Nearby
163k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 16%
Leisure 15%
Shops & Services 15%
McDonald's
Dining
48,380 visits/mo
0.4 miles
Grocery Outlet Bargain Market
Groceries
25,334 visits/mo
0.3 miles
Alamo Drafthouse Cinema New Mission
Leisure
24,839 visits/mo
0.1 miles
Bank of America
Shops & Services
16,347 visits/mo
0.3 miles
Pollo Campero
Dining
8,107 visits/mo
0.3 miles
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
$1,500,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in San Francisco, CA
Properties on Market for Mixed-use properties in San Francisco
Vacancy Rate% for Retail in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines street-level shops with professional office space and an undeveloped basement.
Where is this mixed-use property located?
The property is located at 2485 Mission Street San Francisco, CA.
What is the asking price?
The asking price for this property is $7,495,000.
What are key features of this property?
This property features: 14,780‑square‑foot building completed in 1925; Eight ground‑floor retail spaces and professional offices on the second floor; Approximately 9,000‑square‑foot undeveloped basement
