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Two-Story Commercial Building

729 Bush Street San Francisco, CA 94108

729 Bush Street, San Francisco, CA, 94108
$2,795,000
For Sale
$2,795,000

SINGLE_FAMILY - San Francisco, CA

Property Size5,072 SF
Lot Size0.09 Acres
Price / SF$551.06
Days on Market300

Property Features for 729 Bush Street

General Information

Property type
Residential
Property subtype
Retail
Rooms
Basement
Interior features
Other Walls
Standard status
Active
APN
0284022
Size
5,072 SF
Lot size
0.09 Acres

Building Details

Year built
1911
Additional Structures
Other
Listing Agency Compass
891 Beach St., Beverly Hills, CA
Listed by Kevin S Wong · License #01331542
Added: Sep 21, 2025 Checked: Jul 17 at 10:06 am
MLS# 425077185

Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

729 Bush Street presents a two-story commercial building with an additional basement level. The property totals approximately 5,072 square feet of space on a lot of roughly 3,781 square feet. The building’s configuration offers multiple levels suitable for a range of commercial setups, and it is positioned for use under RC-4 zoning.

The asset is located in San Francisco’s Lower Nob Hill/Downtown area. The offering is described as being only a few blocks from Union Square and the Financial District, with access to nearby major transit options including BART, cable cars, and MUNI.

This property may fit buyers or owner-operators seeking a flexible, centrally located commercial building with multi-level space and RC-4 zoning that can support a variety of commercial uses. Based on the provided zoning description, potential uses may include showroom and upscale office, as well as medical or specialized retail, subject to applicable approvals. The combination of Downtown proximity, transit access, and adaptable use classification is a practical foundation for teams evaluating an urban office, medical, or retail-oriented redevelopment or repositioning plan.

Key Highlights

  • Two‑story commercial building plus basement, built in 1911
  • Approximately 5,072 sq ft building area on a 3,781‑sq ft lot
  • RC‑4 zoning allows a wide range of commercial uses (showroom, upscale office, medical, or specialized retail)

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 $223.4k $44.04
− Vacancy −$56.7k −$11.19
EGI $166.6k $32.85
− OpEx −$41.7k −$8.21
NOI $125.0k $24.64
5,072 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%

Alternative Uses

Best Use
Retail
$23.12M
$20.23M – $26.98M (±1% cap)
NOI $1,618,610 @ 7.0% cap · market cap 57.91%
Second Best
Office B
$1.79M
$1.56M – $2.08M (±1% cap)
NOI $124,976 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$24.77M
$21.68M – $28.90M (±1% cap)
NOI $1,734,225 @ 7.0% cap · market cap 62.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mundo Co. Information Bureau

Suggested Use

Buffet Carpet & Flooring Store Tanning Salon Pet Grooming Service Clothing & Fashion Store Adult Day Care Veterinary Clinic Clothing & Fashion Store Butcher Restaurant

Zoning and permitted uses should be independently verified with local authorities.

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FAQs

What type of property is this?
Showroom - Two-story building with basement, located near Downtown transit and offered for sale in an RC-4 flexible-use zone.
Where is this showroom located?
The property is located at 729 Bush Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Two‑story commercial building plus basement, built in 1911; Approximately 5,072 sq ft building area on a 3,781‑sq ft lot; RC‑4 zoning allows a wide range of commercial uses (showroom, upscale office, medical, or specialized retail)
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