Medical Condo in Richmond
6850 Geary Boulevard San Francisco, CA 94121
6850 Geary Boulevard, San Francisco, CA, 94121
$849,000
For Sale
$849,000
Medical condo for sale in a busy San Francisco location.
Property Size1,748 SF
Price / SF$485.70
Days on Market108
Property Features for 6850 Geary Boulevard
General Information
- Standard status
- Active
- Size
- 1,748 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
JODI GROUP
(415) 661-3232
Listed by
JOHN M LEE
Source
Corcoran
Added: Apr 1 Checked: Jul 17 at 3:43 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 JODI GROUP
Investment Insights
Based on property information with market context.
This 1,748-square-foot commercial condo is located on a busy corner in the Richmond District. The layout includes 5 exam rooms, 2 private offices, a receptionist area, a waiting room, a lunch/break room, and 2 ADA-compliant restrooms. There are also 2 other miscellaneous rooms. The property is suitable for a small medical or dental practice, with potential for other office uses as well. The location offers convenient access to MUNI and other amenities.
Key Highlights
- Large medical condo suitable for medical or dental practice
- Prime location on a busy corner in the Richmond District
- Includes 5 exam rooms and 2 private offices
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 | $77.0k | $44.04 |
| − Vacancy | −$19.6k | −$11.19 |
| EGI | $57.4k | $32.85 |
| − OpEx | −$14.4k | −$8.21 |
| NOI | $43.1k | $24.64 |
1,748 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$615.3K
$538.4K – $717.9K
NOI $43,071 @ 7.0% cap · market cap 5.07%
Second Best
Healthcare Medical
$474.7K
$415.3K – $553.8K
NOI $33,226 @ 7.0% cap · market cap 3.91%
Theoretical Best
Specialty Retail
$8.54M
$7.47M – $9.96M
NOI $597,678 @ 7.0% cap · market cap 70.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Shilpi Anand, ...
Physician
Peg Strub
Physician
Donald F. German,M.D.
Physician
Asthma & Allergy Clinic ...
Medical Clinic
Schuman Tam, MD
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Bay Area Veterinary Housecall Associates — 491 27th Ave, San Francisco, CA 94121
- Van Horn Brian DVM — 491 27th Ave, San Francisco, CA 94121
FAQs
What type of property is this?
Medical Office Space - Medical condo for sale in a busy San Francisco location.
Where is this medical office space located?
The property is located at 6850 Geary Boulevard San Francisco, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Large medical condo suitable for medical or dental practice; Prime location on a busy corner in the Richmond District; Includes **5 exam rooms** and **2 private offices**
