Office Suite in Medical
For Sale
$448,000
649-490 Post St, San Francisco, CA 94109
597 RSF office suite with operable windows and natural light, suited for office or medical office use.
Property Size597 SF
Price / SF$750.42
Days on Market112
Property Features for 649-490 Post St
General Information
Standard status
Active
Size
597 SF
Listing Agency:
Catherine House, Broker
Listed By:
Catherine E. House
(415) 378-8174
Source:
Exprealty
Added: Jul 2
Changed: Oct 15
Last Checked: Oct 21 at 2:47AM
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 Catherine House, Broker
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available for purchase is a 597 RSF office suite facing Nob Hill. The space is a former two-chair dental suite, but it can be used for office or medical office purposes. Operable windows provide natural light.
The suite is located within a major medical/dental building at 490 Post St, in a Union Square area. The building offers open access 24/7 with building security. Monthly dues include utilities and janitorial expenses, and monthly parking is available in the building.
For additional parking options, multiple parking garages are located within a block. Transportation access includes BART and Muni at Powell Street.
The suite is located within a major medical/dental building at 490 Post St, in a Union Square area. The building offers open access 24/7 with building security. Monthly dues include utilities and janitorial expenses, and monthly parking is available in the building.
For additional parking options, multiple parking garages are located within a block. Transportation access includes BART and Muni at Powell Street.
Key Highlights
- 597 RSF office suite facing Nob Hill
- Former 2‑chair dental suite, adaptable for office or medical office use
- Operable windows with lots of natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,710
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,200
$294.2K
Cap Rate 7%
$210,143
$210.1K
Cap Rate 9%
$163,444
$163.4K
Market Conditions
NOI Build-Up for 597 SF
Gross rent
$26.3K $44.04/SF
− Vacancy
−$6.7K −$11.19/SF
EGI
$19.6K $32.85/SF
− OpEx
−$4.9K −$8.21/SF
NOI
$14.7K $24.64/SF
Area
ZIP 94109
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%
$294,200
Cap Rate 7%
$210,143
Cap Rate 9%
$163,444
Alternative Uses
Best Use
Office B
$210.1K
$183.9K – $245.2K
NOI $14,710 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$141.2K
$123.6K – $164.8K
NOI $9,886 @ 7.0% cap · market cap 2.21%
Theoretical Best
Retail
$2.72M
$2.38M – $3.18M
NOI $190,519 @ 7.0% cap · market cap 42.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
28,510
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94109, CA
58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
Market
Vacancy Rate% for Office in San Francisco, CA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 597 RSF office suite with operable windows and natural light, suited for office or medical office use.
Where is this medical office space located?
The property is located at 649-490 Post St San Francisco, CA.
What is the asking price?
The asking price for this property is $448,000.
What are key features of this property?
This property features: 597 RSF office suite facing Nob Hill; Former 2‑chair dental suite, adaptable for office or medical office use; Operable windows with lots of natural light
