Mixed-Use Commercial Property with
423 Valencia Street San Francisco, CA 94103
423 Valencia Street, San Francisco, CA, 94103
$5,800,000
For Sale
$5,800,000
Flexible showroom, retail, and office space with curbside parking on a substantial lot in San Francisco’s Valencia Corridor.
Property Size8,700 SF
Lot Size0.23 Acres
Price / SF$666.67
Days on Market37
Property Features for 423 Valencia Street
General Information
- Standard status
- Active
- Size
- 8,700 SF
- Lot size
- 0.23 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing agency
COMPASS
(415) 660-9955
Listed by
BURTON LOUIE · License #01231888
Source
Corcoran
Added: Jun 16 Updated: Jul 10 at 2:00PM Checked: Jul 22 at 7:17AM
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 COMPASS
Investment Insights
Based on property information with market context.
423-435 Valencia Street is a mixed-use commercial property offering a versatile building footprint of over 8,000 square feet within an approximately 10,000 square foot lot. The layout is designed for multiple commercial concepts, including retail, showroom, creative office, gallery, design, and experiential uses, making it well-suited for owner-users and investors seeking flexibility.
The property is positioned in the heart of San Francisco’s Valencia Corridor, surrounded by restaurants, retailers, technology firms, and creative businesses. A notable convenience is its curbside parking and easy accessibility, a feature highlighted as especially rare along Valencia Street, supporting customer and client traffic as well as day-to-day deliveries.
From a tenant or operator standpoint, the combination of flexible interior space and on-street parking can simplify access for staffing, clients, and product movement. For buyers, the asset’s adaptable configuration supports a range of strategies in one location, with substantial lot size that provides a sense of scale uncommon in this highly built-out commercial corridor.
The property is positioned in the heart of San Francisco’s Valencia Corridor, surrounded by restaurants, retailers, technology firms, and creative businesses. A notable convenience is its curbside parking and easy accessibility, a feature highlighted as especially rare along Valencia Street, supporting customer and client traffic as well as day-to-day deliveries.
From a tenant or operator standpoint, the combination of flexible interior space and on-street parking can simplify access for staffing, clients, and product movement. For buyers, the asset’s adaptable configuration supports a range of strategies in one location, with substantial lot size that provides a sense of scale uncommon in this highly built-out commercial corridor.
Key Highlights
- Year built: 1910
- Approximately 10,000 SF lot with over 8,000 SF of versatile building space
- Flexible space for retail, showroom, creative office, gallery, design, or experiential commercial use
Local 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 | $383.1k | $44.04 |
| − Vacancy | −$97.3k | −$11.19 |
| EGI | $285.8k | $32.85 |
| − OpEx | −$71.5k | −$8.21 |
| NOI | $214.4k | $24.64 |
8,700 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$39.66M
$34.71M – $46.27M
NOI $2,776,401 @ 7.0% cap · market cap 47.87%
Second Best
Office B
$3.06M
$2.68M – $3.57M
NOI $214,371 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$42.50M
$37.18M – $49.58M
NOI $2,974,715 @ 7.0% cap · market cap 51.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
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FAQs
What type of property is this?
Showroom - Flexible showroom, retail, and office space with curbside parking on a substantial lot in San Francisco’s Valencia Corridor.
Where is this showroom located?
The property is located at 423 Valencia Street San Francisco, CA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Year built: 1910; Approximately 10,000 SF lot with over 8,000 SF of versatile building space; Flexible space for retail, showroom, creative office, gallery, design, or experiential commercial use
