Three-Story Mixed-Use
For Sale
$1,750,000
450 Broadway, San Francisco, CA 94133
Three-level property with restaurant space below and flexible room configurations on the upper floors.
Property Size3,415 SF
Price / SF$512.45
Days on Market52
Property Features for 450 Broadway
General Information
Standard status
Active
Size
3,415 SF
Property subtype
CommercialProperty
Site & Location
Neighborhood
North Beach
Building Details
Building Size
3,415 SF
Year Built
1989
Buildings
1
Stories
3
Listing Agency:
KW Elevate
Listed By:
Bella Shih · License #02210882
(628) 688-4007
Source:
Mpireluxe
Added: Sep 11
Changed: Oct 31
Last Checked: Oct 30 at 10:10PM
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 KW Elevate
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Investment Insights
Based on property information with market context.
This three-story mixed-use building contains approximately 3415 square feet across its main levels, along with basement space. The ground floor and basement are configured as an established restaurant area, while the second and third floors include multiple rooms and bathrooms. Upper-level interiors have been freshly painted and receive abundant natural light.
The property is located at 450 Broadway in San Francisco’s North Beach area, near Chinatown, the Financial District, restaurants, nightlife, public transportation, and major downtown destinations. Built in 1989, the building combines an existing food-service component with separately configured upper floors.
The property is located at 450 Broadway in San Francisco’s North Beach area, near Chinatown, the Financial District, restaurants, nightlife, public transportation, and major downtown destinations. Built in 1989, the building combines an existing food-service component with separately configured upper floors.
Key Highlights
- Approximately 3415 square feet across three levels, plus basement space
- Established restaurant space occupies the ground floor and basement
- Second and third floors include multiple rooms and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,197
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,523,940
$1.5M
Cap Rate 7%
$1,088,529
$1.1M
Cap Rate 9%
$846,633
$846.6K
Market Conditions
NOI Build-Up for 3,415 SF
Gross rent
$143.4K $42.00/SF
− Vacancy
−$21.5K −$6.30/SF
EGI
$121.9K $35.70/SF
− OpEx
−$45.7K −$13.39/SF
NOI
$76.2K $22.31/SF
Area
San Francisco, CA
Vacancy
15.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,523,940
Cap Rate 7%
$1,088,529
Cap Rate 9%
$846,633
Alternative Uses
Best Use
Specialty Retail
$16.68M
$14.60M – $19.46M
NOI $1,167,661 @ 7.0% cap · market cap 66.72%
Second Best
Mixed Use
$1.09M
$952.5K – $1.27M
NOI $76,197 @ 7.0% cap · market cap 4.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21,316
Businesses Nearby
75k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Groceries 29%
Hotels & Casinos 26%
Dining 10%
Safeway
Groceries
21,490 visits/mo
0.4 miles
The Ritz-Carlton, San Francisco
Hotels & Casinos
19,605 visits/mo
0.5 miles
Bank of America
Shops & Services
19,370 visits/mo
0.2 miles
Starbucks
Dining
5,972 visits/mo
0.4 miles
Cole Hardware
Home Improvements & Furnishings
4,563 visits/mo
0.2 miles
Demographics for 94133, CA
26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-level property with restaurant space below and flexible room configurations on the upper floors.
Where is this mixed-use property located?
The property is located at 450 Broadway San Francisco, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Approximately 3415 square feet across three levels, plus basement space; Established restaurant space occupies the ground floor and basement; Second and third floors include multiple rooms and bathrooms
