Edwardian Building in SOMA
537 Stevenson St San Francisco, CA
537 Stevenson St, San Francisco, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Unique two-story building with basement and mezzanine in San Francisco.
Property Size10,651 SF
Lot Size0.09 Acres
Price / SF$272.27
Days on Market236
Property Features for 537 Stevenson St
General Information
- Standard status
- Active
- Size
- 10,651 SF
- Lot size
- 0.09 Acres
- Property subtype
- OFFICE
Listing Agency
Urban group real estate - San Francisco
(415) 420-8048
Listed by
GUY CARSON · License #01997702
(415) 420-8048
Source
Moodyscre
Added: Nov 24, 2025 Checked: Jul 17 at 3:14 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 Urban group real estate - San Francisco
Investment Insights
Based on property information with market context.
The property at 537 Stevenson Street is a two-story Edwardian building, formerly the Sterling Furniture Co. Warehouse. Located next to the historic Skybridge on Stevenson, this unique building includes a full basement and mezzanine. The interior features transparent walls designed to maximize natural light throughout the space. The building has been seismically retrofitted and updated with skylights to enhance natural light. The first floor is set back from the full-height windows, creating a light well to the basement level. The building offers separable entries, allowing each floor to be dedicated to different uses. This property is located in San Francisco's vibrant SOMA District.
Key Highlights
- Seismically retrofitted for safety and stability.
- Abundant natural light throughout the building via transparent interior walls and skylights.
- Unique two‑story Edwardian building with full basement and mezzanine.
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 | $469.1k | $44.04 |
| − Vacancy | −$119.1k | −$11.19 |
| EGI | $349.9k | $32.85 |
| − OpEx | −$87.5k | −$8.21 |
| NOI | $262.4k | $24.64 |
10,651 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.75M
$3.28M – $4.37M
NOI $262,445 @ 7.0% cap · market cap 9.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$52.03M
$45.52M – $60.70M
NOI $3,641,803 @ 7.0% cap · market cap 125.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Marijuana Stock Investments
Financial Advisor
Eline Productions
(Bike/Boat/Book/etc) Store
Rainfactory
Advertising Agency
Rentlytics
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Unique two-story building with basement and mezzanine in San Francisco.
Where is this office building located?
The property is located at 537 Stevenson St San Francisco, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Seismically retrofitted for safety and stability.; Abundant natural light throughout the building via transparent interior walls and skylights.; Unique two‑story Edwardian building with full basement and mezzanine.
