Office Unit with Private
For Sale
$738,000
490 Post Street # 804, San Francisco, CA 94102
The vacant suite includes a conference room, reception area, kitchen, private restroom, and dedicated storage.
Property Size907 SF
Price / SF$813.67
Days on Market144
Property Features for 490 Post Street # 804
General Information
Standard status
Active
Size
907 SF
Net Rentable
1,016 SF
Property subtype
Office
Site & Location
Neighborhood
Tenderloin East
Public Transit
Yes
Additional Details
Floor
8
Property Use
Office
Medical Specialty
dental
Building Details
Building Size
907 SF
Year Built
1925
Owner Occupied
No
Listing Agency:
Side
Listed By:
Clearstory Real Estate
(415) 762-0777
Source:
Clearstoryre
Added: Jun 12
Changed: Nov 2
Last Checked: Oct 31 at 8:22AM
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 Side
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Investment Insights
Based on property information with market context.
This vacant office condominium in San Francisco comprises 907 SF of unit area and 1,016 SF of rentable floor area, reflecting a 12% load factor under the recorded CC&Rs. Its layout includes four private offices, a conference room with a separate entrance, an entry foyer and reception area, and a central hallway. A kitchen, private restroom, and dedicated storage room with 220V electrical service round out the space. Large windows bring in natural light, and the building dates to 1925.
Plumbing remains in the individual office suites from prior medical and dental occupancy. The property is on Post Street in San Francisco’s Union Square business and retail district, near shopping, hotels, restaurants, public transportation, and parking facilities. The building is professionally managed.
Plumbing remains in the individual office suites from prior medical and dental occupancy. The property is on Post Street in San Francisco’s Union Square business and retail district, near shopping, hotels, restaurants, public transportation, and parking facilities. The building is professionally managed.
Key Highlights
- 907 SF unit area; 1,016 SF rentable floor area, with a 12% load factor per recorded CC&Rs
- Four private offices and a conference room with a separate entrance
- Entry foyer and reception area connected to the offices by a central hallway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,349
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,980
$447.0K
Cap Rate 7%
$319,271
$319.3K
Cap Rate 9%
$248,322
$248.3K
Market Conditions
NOI Build-Up for 907 SF
Gross rent
$39.9K $44.04/SF
− Vacancy
−$10.1K −$11.19/SF
EGI
$29.8K $32.85/SF
− OpEx
−$7.4K −$8.21/SF
NOI
$22.3K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,980
Cap Rate 7%
$319,271
Cap Rate 9%
$248,322
Alternative Uses
Best Use
Office B
$319.3K
$279.4K – $372.5K
NOI $22,349 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$246.3K
$215.5K – $287.3K
NOI $17,240 @ 7.0% cap · market cap 2.34%
Theoretical Best
Specialty Retail
$4.43M
$3.88M – $5.17M
NOI $310,123 @ 7.0% cap · market cap 42.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
28,510
Businesses Nearby
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Business Placement
Demographics for 94102, CA
39,432
Population
23,153
Households
1.7
Avg Household Size
40
Median Age
42%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
56,331
Density / Sq Mi
$64,781
Median Household Income
$55,873
Median Earnings
$1,517
Median Rent
$996,300
Median Home Value
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Market
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Office unit - The vacant suite includes a conference room, reception area, kitchen, private restroom, and dedicated storage.
Where is this office unit located?
The property is located at 490 Post Street # 804 San Francisco, CA.
What is the asking price?
The asking price for this property is $738,000.
What are key features of this property?
This property features: 907 SF unit area; 1,016 SF rentable floor area, with a 12% load factor per recorded CC&Rs; Four private offices and a conference room with a separate entrance; Entry foyer and reception area connected to the offices by a central hallway
