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Mixed-Use Property with Commercial Space
New
For Sale
$5,880,000

734-740 Broadway, San Francisco, CA 94133

Residential hotel with ground-floor commercial space and available rooms in San Francisco’s North Beach and Chinatown area.

Property Size14,992 SF
Days on Market6

Property Features for 734-740 Broadway

General Information

Standard status Active
Size 14,992 SF
Property subtype Mixed Use

Building Details

Building Size 14,992 SF
Year Built 1910
Listing Agency: eXp Realty of California, Inc
Listed By: Julia Lo
Source: Swanngroupsf
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 26 at 8:47AM

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 eXp Realty of California, Inc

Investment Insights

Based on property information with market context.

Built in 1910, this mixed-use property at 734-740 Broadway combines a residential hotel with commercial space at street level. The building includes residential rooms that are currently available, along with existing in-place income and an additional commercial income stream.

The property is situated in San Francisco, where Broadway connects the North Beach and Chinatown areas. Its current configuration includes both residential and ground-floor commercial components, providing a clearly defined mixed-use profile within an established urban setting.

Key Highlights

  • Mixed‑use building completed in 1910
  • Residential hotel with available rooms
  • Ground‑floor commercial spaces provide an additional income stream

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
$334,509
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
5.69%
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%
$6,690,180 $6.7M
Cap Rate 7%
$4,778,700 $4.8M
Cap Rate 9%
$3,716,767 $3.7M
Market Conditions
NOI Build-Up for 14,992 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
$629.7K $42.00/SF
− Vacancy
−$94.4K −$6.30/SF
EGI
$535.2K $35.70/SF
− OpEx
−$200.7K −$13.39/SF
NOI
$334.5K $22.31/SF
Area
San Francisco, CA
Vacancy
15.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
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%
$6,690,180
Cap Rate 7%
$4,778,700
Cap Rate 9%
$3,716,767

Alternative Uses

Best Use
Retail
$68.35M
$59.80M – $79.74M (±1% cap)
NOI $4,784,344 @ 7.0% cap · market cap 81.37%
Second Best
Mixed Use
$4.78M
$4.18M – $5.58M (±1% cap)
NOI $334,509 @ 7.0% cap · market cap 5.69%
Theoretical Best
Specialty Retail
$73.23M
$64.08M – $85.43M (±1% cap)
NOI $5,126,083 @ 7.0% cap · market cap 87.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Nursing Home Adult Day Care Buffet Clothing & Fashion Store Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20,446
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Hotels & Casinos 41% Home Improvements & Furnishings 10% Dining 3%
The Ritz-Carlton, San Francisco Hotels & Casinos
19,605 visits/mo 0.5 miles
Bank of America Shops & Services
19,370 visits/mo 0.1 miles
Cole Hardware Home Improvements & Furnishings
4,563 visits/mo
BMO Harris Bank Shops & Services
2,847 visits/mo 0.1 miles
Quickly Boba Cafe Dining
1,460 visits/mo 0.2 miles

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 Retail in San Francisco, CA

4.8% 2019
6.5% 2020
6.6% 2021
6.3% 2022
6.4% 2023
6.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential hotel with ground-floor commercial space and available rooms in San Francisco’s North Beach and Chinatown area.
Where is this mixed-use property located?
The property is located at 734-740 Broadway San Francisco, CA.
What is the asking price?
The asking price for this property is $5,880,000.
What are key features of this property?
This property features: Mixed‑use building completed in 1910; Residential hotel with available rooms; Ground‑floor commercial spaces provide an additional income stream
More about this property
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