West SOMA Office/Flex
449 10th Street San Francisco, CA 94103
449 10th Street, San Francisco, CA, 94103
$3,400,000
For Sale
$3,400,000
9,090 SF office/flex building in West SOMA, San Francisco.
Property Size9,090 SF
Lot Size0.11 Acres
Price / SF$374.04
Days on Market148
Property Features for 449 10th Street
General Information
- Standard status
- Active
- Size
- 9,090 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
COLLIERS INTERNATIONAL
(415) 788-3100
Listed by
NICOLE FLORES · License #01988919
Source
Corcoran
Added: Feb 19 Checked: Jul 17 at 2:36 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 COLLIERS INTERNATIONAL
Investment Insights
Based on property information with market context.
This is a single-tenant, 9,090 square foot, well-maintained office/flex building located in West SOMA near Showplace Square in San Francisco. The building features two levels of office space. It includes four covered, side-by-side on-site parking stalls. The interior has a mix of private offices and open office areas. The top floor benefits from several skylights that provide natural light. The property is located on 10th Street, across from Costco, and offers proximity to the Hwy 101 and I-80 onramps, providing accessibility throughout the Bay Area. It has a transit score of 100/100.
Key Highlights
- Perfect 100/100 transit score indicating incredible Bay Area wide accessibility via Hwy 101 and I‑80 onramps.
- Located in West SOMA near Showplace Square in San Francisco, across from Costco.
- 9,090 square foot well‑maintained office/flex building.
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 | $400.3k | $44.04 |
| − Vacancy | −$101.7k | −$11.19 |
| EGI | $298.6k | $32.85 |
| − OpEx | −$74.7k | −$8.21 |
| NOI | $224.0k | $24.64 |
9,090 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.20M
$2.80M – $3.73M
NOI $223,981 @ 7.0% cap · market cap 6.59%
Second Best
Industrial
$2.21M
$1.93M – $2.58M
NOI $154,621 @ 7.0% cap · market cap 4.55%
Theoretical Best
Specialty Retail
$44.40M
$38.85M – $51.80M
NOI $3,108,064 @ 7.0% cap · market cap 91.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CB Engineers
Construction Company
WestRim
Engineer
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 9,090 SF office/flex building in West SOMA, San Francisco.
Where is this office building located?
The property is located at 449 10th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Perfect 100/100 transit score indicating incredible Bay Area wide accessibility via Hwy 101 and I‑80 onramps.; Located in West SOMA near Showplace Square in San Francisco, across from Costco.; 9,090 square foot well‑maintained office/flex building.
