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Mixed-Use Retail Showroom Property
For Sale
$5,800,000

423 Valencia Street, San Francisco, CA 94103

SINGLE_FAMILY - San Francisco, CA

Property Size8,700 SF
Lot Size0.10 Acres
Price / SF$666.67
Days on Market82

Property Features for 423 Valencia Street

General Information

Property type Residential
Property subtype Retail
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking 10
Security features Security
Lot features Sidewalk, B A R T Nearby, Sidewalk, B A R T Nearby
Directions 15 or 16th to Valencia
Subdivision SF District 9
Standard status Active
APN 3554058
Size 8,700 SF
Lot size 0.10 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1910
Floors in Building 2
Flooring type Concrete
Building materials Concrete
Roof type Metal
Listing Agency: Compass
Listed By: Burton Louie · License #01231888
Added: May 13 Changed: Jul 30 Last Checked: Aug 2 at 6:06AM
MLS# 426139745

Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

423–435 Valencia Street is a mixed-use commercial property on an approximately 10,000-square-foot lot, offering over 8,000 square feet of versatile building space. The configuration is intended to support a wide range of uses, including retail, showroom, creative office, gallery, design, or other experiential commercial concepts.

The property is positioned in San Francisco’s Valencia Corridor and is highlighted for curbside parking and straightforward accessibility, a convenience intended to serve customers, clients, staff, and deliveries. The location is described as being surrounded by active retailers, restaurants, technology firms, and creative businesses, with emphasis on visibility and pedestrian activity along Valencia Street.

For buyers or owner-users, the practical value here is the combination of flexible space and on-street parking along a high-visibility retail corridor. The size and adaptability may also appeal to investors or developers looking for an asset that can be tailored to different commercial strategies over time, while remaining grounded in a centrally located, neighborhood-serving address within Mission.

Key Highlights

  • Mixed‑use commercial property on Valencia Street with approximately 10,000 SF lot and over 8,000 SF of building space
  • Valuable curbside parking and easy accessibility, a notable amenity along Valencia Street
  • Flexible building space suited for retail, showroom, creative office, gallery, design, or experiential commercial use

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 (±1% cap)
NOI $2,776,401 @ 7.0% cap · market cap 47.87%
Second Best
Office B
$3.06M
$2.68M – $3.57M (±1% cap)
NOI $214,371 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$42.50M
$37.18M – $49.58M (±1% cap)
NOI $2,974,715 @ 7.0% cap · market cap 51.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Clothing & Fashion Store Adult Day Care Nursing Home Tanning Salon Restaurant Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,631
Businesses Nearby

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

Market

Vacancy Rate% for Office in San Francisco, CA

5.4% 2019
15.8% 2020
18.5% 2021
24.1% 2022
32.5% 2023
34.2% 2024
33.1% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible building space with curbside parking along Valencia Corridor supports retail, showroom, creative office, and gallery concepts.
Where is this retail space 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: Mixed‑use commercial property on Valencia Street with approximately 10,000 SF lot and over 8,000 SF of building space; Valuable curbside parking and easy accessibility, a notable amenity along Valencia Street; Flexible building space suited for retail, showroom, creative office, gallery, design, or experiential commercial use
More about this property
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