Mixed-Use Building with
For Sale
$1,750,000
450 Broadway, San Francisco, CA 94133
CommercialSale, SanFrancisco, CA
Property Size3,415 SF
Lot Size0.03 Acres
Price / SF$512.45
Days on Market41
Property Features for 450 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BDWY
Subdivision
FinancialDistrictB
Standard status
Active
APN
0144-012
Size
3,415 SF
Lot size
0.03 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Water source
Public
Building Details
Year built
1989
Floors in Building
3
Listing Agency:
KW Elevate · Keller Williams Realty
(408) 818-8886
Listed By:
Bella Shih · License #02210882
(628) 688-4007
Added: Sep 11
Changed: Oct 21
Last Checked: Oct 21 at 11:06PM
MLS# ML82059777
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This three-story mixed-use property contains approximately 3,415 square feet, plus a basement. Restaurant space occupies the ground level and basement; the second and third stories contain multiple rooms and bathrooms. The upper interiors have natural light and fresh paint. Central and forced-air heating serve the building, which was built in 1989.
At 450 Broadway in San Francisco’s North Beach, the property has BDWY zoning and public water and sewer service. Its vertical layout combines restaurant space with separately configured upper floors.
At 450 Broadway in San Francisco’s North Beach, the property has BDWY zoning and public water and sewer service. Its vertical layout combines restaurant space with separately configured upper floors.
Key Highlights
- Approximately 3,415 square feet across three stories, plus basement space
- Restaurant space occupies the ground floor and basement
- Second and third floors have 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.
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Property Analytics
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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
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Market
Vacancy Rate% for Retail in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Upper floors provide multiple rooms, bathrooms, and naturally lit interiors.
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 3,415 square feet across three stories, plus basement space; Restaurant space occupies the ground floor and basement; Second and third floors have multiple rooms and bathrooms
