Castro District Mixed-Use
327 Noe St San Francisco, CA 94114
327 Noe St, San Francisco, CA, 94114
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For Sale
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Two buildings in the Castro District with commercial and residential spaces.
Property Size3,000 SF
Lot Size0.06 Acres
Price / SF$531.67
Days on Market124
Property Features for 327 Noe St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.06 Acres
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1900
Listing Agency
Blatteis Realty Co.
Listed by
Dez Einer · License #DRE 01421282
Source
Crexi
Added: Mar 16 Checked: Jul 16 at 10:19 am
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 Blatteis Realty Co.
Investment Insights
Based on property information with market context.
This investment opportunity is located in the Castro District of San Francisco. Constructed in 1900, the property includes two buildings totaling 3,000 square feet on a 2,500 square foot lot. The property features an exterior facade and a courtyard. The building has a ground floor commercial space spread out over two structures. The property also includes a vacant second-floor residential unit with two bedrooms, one bathroom, and a bonus room that has been used as a third bedroom. The commercial space has 600 amp, 3-phase power. Located one block from Market Street, the property benefits from foot traffic and proximity to public transportation, shopping, dining, and entertainment. Short-term leases make this an attractive owner-user opportunity. The property offers income potential and a location in a culturally rich and historic neighborhood.
Key Highlights
- Prime location in the heart of San Francisco's iconic Castro District, benefiting from heavy foot traffic and access to amenities.
- Excellent income potential as a turnkey investment property.
- Ground floor commercial space spread over two structures, plus a vacant 2‑bedroom (plus bonus room) residential unit.
Local Financial Insights For Mixed Use
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 | $126.0k | $42.00 |
| − Vacancy | −$18.9k | −$6.30 |
| EGI | $107.1k | $35.70 |
| − OpEx | −$40.2k | −$13.39 |
| NOI | $66.9k | $22.31 |
3,000 SF · lease $42.00/SF/yr · vacancy 15.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$13.68M
$11.97M – $15.96M
NOI $957,379 @ 7.0% cap · market cap 60.02%
Second Best
Mixed Use
$956.3K
$836.7K – $1.12M
NOI $66,938 @ 7.0% cap · market cap 4.20%
Theoretical Best
Specialty Retail
$14.65M
$12.82M – $17.10M
NOI $1,025,764 @ 7.0% cap · market cap 64.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two buildings in the Castro District with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 327 Noe St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Prime location in the heart of San Francisco's iconic Castro District, benefiting from heavy foot traffic and access to amenities.; Excellent income potential as a turnkey investment property.; Ground floor commercial space spread over two structures, plus a vacant 2‑bedroom (plus bonus room) residential unit.
