Mixed-Use Office and Retail
3400 Geary San Francisco, CA 94118
For Sale
$6,500,000
Pending
Three-story building with eight retail units and forty offices on an approximately 11,000-square-foot lot.
Property Size20,515 SF
Lot Size0.25 Acres
Days on Market23
Property Features for 3400 Geary
General Information
- Standard status
- Pending
- Size
- 20,515 SF
- Lot size
- 0.25 Acres
Building Details
- Year Built
- 1915
Listing Agency:
(415) 317-5888
Listed By:
The Wiley Team
(415) 317-5888
Source:
Sanfranciscorealestategroup.idxbroker
Added: Jul 2
Changed: Jul 23
Last Checked: Jul 24 at 4:45AM
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 The Wiley Team
Investment Insights
Based on property information with market context.
3400-3420 Geary Blvd is a meticulously maintained three-story commercial building offering a mixed configuration of eight retail units and forty offices. Architectural measurements indicate approximately 20,515 square feet of building area, situated on an approximately 11,000-square-foot lot per tax records. The property is identified under APN 1063-019 and is described as NC3 zoned.
The building is located at the intersection of Geary Blvd and Commonwealth Avenue within the Jordan Park neighborhood. The immediate surroundings include popular restaurants, coffee and boba tea shops, bars, and retail outlets. The University of San Francisco main campus is noted nearby, along with Presidio Park and Golden Gate Park, and public transit options are described as readily available.
The offering is presented as an investment opportunity for professional investors and owner-users, with a noted possibility for a residential conversion to be explored in consultation with architects and legal advisors.
The building is located at the intersection of Geary Blvd and Commonwealth Avenue within the Jordan Park neighborhood. The immediate surroundings include popular restaurants, coffee and boba tea shops, bars, and retail outlets. The University of San Francisco main campus is noted nearby, along with Presidio Park and Golden Gate Park, and public transit options are described as readily available.
The offering is presented as an investment opportunity for professional investors and owner-users, with a noted possibility for a residential conversion to be explored in consultation with architects and legal advisors.
Key Highlights
- 3‑story commercial building built in 1915 in San Francisco’s Jordan Park neighborhood
- 20,515 SF per architectural measurements on an approximately 11,000 SF lot per tax records
- Mixed‑use income profile: 8 retail units and 40 office spaces
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 | $903.5k | $44.04 |
| − Vacancy | −$229.5k | −$11.19 |
| EGI | $674.0k | $32.85 |
| − OpEx | −$168.5k | −$8.21 |
| NOI | $505.5k | $24.64 |
20,515 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$93.53M
$81.84M – $109.11M
NOI $6,546,880 @ 7.0% cap · market cap 100.72%
Second Best
Office B
$7.22M
$6.32M – $8.42M
NOI $505,497 @ 7.0% cap · market cap 7.78%
Theoretical Best
Specialty Retail
$100.21M
$87.68M – $116.91M
NOI $7,014,514 @ 7.0% cap · market cap 107.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Three-story building with eight retail units and forty offices on an approximately 11,000-square-foot lot.
Where is this office building located?
The property is located at 3400 Geary San Francisco, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 3‑story commercial building built in 1915 in San Francisco’s Jordan Park neighborhood; 20,515 SF per architectural measurements on an approximately 11,000 SF lot per tax records; Mixed‑use income profile: 8 retail units and 40 office spaces
