Mixed-Use Building With
For Sale
$3,000,000
678-680 Broadway, San Francisco, CA 94133
Chinatown property combines street-level commercial space, a basement, five apartments, and in-building laundry.
Property Size4,753 SF
Price / SF$631.18
Days on Market160
Property Features for 678-680 Broadway
General Information
Standard status
Active
Size
4,753 SF
Class
C
Property subtype
Commercial Sale / Mixed Use
Zoning
CCB
Units
Unit Mix
2 x studio, 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
5
Additional Details
Public Transit
Yes
Amenities
coin-operated laundry
None, No
Central, Yes
Yes
Tile, Vinyl
Low Flow Plumbing Fixtures, Low-Flow Toilet(s)
Washer/Dryer
Composition, Flat
Basement
2
Brick/Mortar, Concrete
Double Pane Windows
No
Fire Extinguisher, Smoke Detector(s)
Brick, Wood Siding, Sheetrock, Wood
Building Details
Year Built
1906
Buildings
1
Tenancy
Multi
Listing Agency:
Asia Pacific Groups
(415) 731-3100
Listed By:
Joseph Kong · License #00660241
Source:
Compass
Added: Mar 25
Changed: Aug 30
Last Checked: Aug 30 at 11:09PM
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 Asia Pacific Groups
Investment Insights
Based on property information with market context.
Built in 1906, this CCB-zoned mixed-use property contains 4,753 square feet across a street-level retail area, a large basement, and five upper-level apartments. The residential component includes two studios, one one-bedroom/one-bath apartment, one two-bedroom/one-bath apartment, and one three-bedroom/one-bath apartment. A coin-operated laundry is located within the building, and the property includes central heating, low-flow plumbing fixtures, double-pane windows, and a composition flat roof.
The building is located at 678-680 Broadway in San Francisco's Chinatown, near the Financial District, the Embarcadero, Rose Pak underground metro station, public transportation, and local amenities. Exterior construction includes brick and concrete, with brick and wood siding, sheetrock, and wood interior or exterior finishes noted in the property information.
The building is located at 678-680 Broadway in San Francisco's Chinatown, near the Financial District, the Embarcadero, Rose Pak underground metro station, public transportation, and local amenities. Exterior construction includes brick and concrete, with brick and wood siding, sheetrock, and wood interior or exterior finishes noted in the property information.
Key Highlights
- 4,753‑square‑foot mixed‑use property built in 1906
- CCB zoning with street‑level retail space and a large basement
- Five apartments: two studios plus one-, two-, and three‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$154,316
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,086,320
$3.1M
Cap Rate 7%
$2,204,514
$2.2M
Cap Rate 9%
$1,714,622
$1.7M
Market Conditions
NOI Build-Up for 4,753 SF
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.
Gross rent
$299.4K $63.00/SF
− Vacancy
−$18.9K −$3.97/SF
EGI
$280.6K $59.03/SF
− OpEx
−$126.3K −$26.56/SF
NOI
$154.3K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,086,320
Cap Rate 7%
$2,204,514
Cap Rate 9%
$1,714,622
Alternative Uses
Best Use
Retail
$21.67M
$18.96M – $25.28M
NOI $1,516,808 @ 7.0% cap · market cap 50.56%
Second Best
Apartment 5plus
$2.20M
$1.93M – $2.57M
NOI $154,316 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$23.22M
$20.31M – $27.09M
NOI $1,625,152 @ 7.0% cap · market cap 54.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
20,446
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Chinatown property combines street-level commercial space, a basement, five apartments, and in-building laundry.
Where is this mixed-use property located?
The property is located at 678-680 Broadway San Francisco, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 4,753‑square‑foot mixed‑use property built in 1906; CCB zoning with street‑level retail space and a large basement; Five apartments: two studios plus one-, two-, and three‑bedroom units
