Two-Story Flex
260 Shipley Street, San Francisco, CA 94103
For Sale
Contact for pricing
Located in SOMA and zoned Mixed Use Residential (MUR), this property offers a flexible two-level commercial layout.
Property Size4,050 SF
Price / SF$543.21
Days on Market100
Property Features for 260 Shipley Street
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Stories
Listing Agency:
Calco Commercial, Inc.
Listed By:
Lindsay Cutler · License #02198286
Source:
Crexi
Added: Jul 30
Changed: Oct 26
Last Checked: Nov 6 at 8:34AM
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 Calco Commercial, Inc.
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Investment Insights
Based on property information with market context.
This two-story flex space contains 4050 square feet within a flexible configuration. The property is located at 260 Shipley Street and carries Mixed Use Residential (MUR) zoning, providing the defining physical and land-use characteristics identified for the asset.
Situated in San Francisco’s SOMA district, the property is offered for sale as a commercial space with a two-level layout. Its 4050-square-foot size and flexible configuration provide a straightforward platform for evaluating potential occupancy and operating plans within the applicable zoning designation.
Situated in San Francisco’s SOMA district, the property is offered for sale as a commercial space with a two-level layout. Its 4050-square-foot size and flexible configuration provide a straightforward platform for evaluating potential occupancy and operating plans within the applicable zoning designation.
Key Highlights
- 4050 square feet of property size
- Two‑story flexible configuration
- Mixed Use Residential (MUR) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,794
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,995,880
$2.0M
Cap Rate 7%
$1,425,629
$1.4M
Cap Rate 9%
$1,108,822
$1.1M
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$178.4K $44.04/SF
− Vacancy
−$45.3K −$11.19/SF
EGI
$133.1K $32.85/SF
− OpEx
−$33.3K −$8.21/SF
NOI
$99.8K $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%
$1,995,880
Cap Rate 7%
$1,425,629
Cap Rate 9%
$1,108,822
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.66M
NOI $99,794 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$984.2K
$861.1K – $1.15M
NOI $68,891 @ 7.0% cap · market cap 3.13%
Theoretical Best
Specialty Retail
$19.78M
$17.31M – $23.08M
NOI $1,384,781 @ 7.0% cap · market cap 62.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,936
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
Median Home Value
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Market
Average Price Trend$/SF for Flex space in San Francisco, CA
Properties on Market for Flex space in San Francisco
Vacancy Rate% for Office in San Francisco, CA
Similar Off Market Nearby
- Cochinita — 428 11th St, San Francisco, CA 94103
- Mission Bay Foods — 2 Henry Adams St # M95, San Francisco, CA 94103
- Hardwood Bar & Smokery — 680 8th St, San Francisco, CA 94103
- Models On The Run Catering — 140 S Van Ness Ave UNIT 403, San Francisco, CA 94103
- Goodhart Coffee Catering of San Francisco Bay Area — 129 Kissling St, San Francisco, CA 94103
Frequently Asked Questions
What type of property is this?
Flex space - Located in SOMA and zoned Mixed Use Residential (MUR), this property offers a flexible two-level commercial layout.
Where is this flex space located?
The property is located at 260 Shipley Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 4050 square feet of property size; Two‑story flexible configuration; Mixed Use Residential (MUR) zoning
