Mixed-Use Buildings with Vacant
For Sale
Contact for pricing
797 Bryant Street, San Francisco, CA 94107
Two stand-alone buildings combine retail, office, and commercial space with on-site parking.
Property Size9,400 SF
Price / SF$436.17
Days on Market37
Property Features for 797 Bryant Street
General Information
Standard status
Active
Size
9,400 SF
Property subtype
Retail, Office
Zoning
MUG
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$296,280
Building Details
Year Built
1928
Year Renovated
2025
Buildings
3
Tenancy
Multi
Listing Agency:
Touchstone Commercial Partners
(415) 539-1121
Listed By:
Zach Haupert · License #CA 01822907
Source:
Crexi
Added: Jul 27
Changed: Aug 30
Last Checked: Aug 30 at 11:19PM
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 Touchstone Commercial Partners
Investment Insights
Based on property information with market context.
This mixed-use offering comprises two stand-alone buildings totaling approximately 9,400 square feet on two parcels with approximately 6,750 square feet of land. The improvements date to 1928 and include retail, office, and commercial areas, along with on-site parking. The second floor at 797 Bryant Street is renovated office space and currently vacant, providing immediate occupancy potential for an owner-user or an opportunity for lease-up.
The buildings occupy the hard corner of Bryant and 6th Streets in San Francisco’s South of Market neighborhood, with significant freeway visibility. Leased areas include space at 799 Bryant Street and 501 and 509 6th Street. Additional income is generated by an on-site cell tower, while the property carries MUG zoning.
The buildings occupy the hard corner of Bryant and 6th Streets in San Francisco’s South of Market neighborhood, with significant freeway visibility. Leased areas include space at 799 Bryant Street and 501 and 509 6th Street. Additional income is generated by an on-site cell tower, while the property carries MUG zoning.
Key Highlights
- Approximately 9,400 square feet across two stand‑alone buildings
- Two parcels totaling approximately 6,750 square feet
- Renovated vacant second‑floor office at 797 Bryant Street
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
$231,620
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
5.65%
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%
$4,632,400
$4.6M
Cap Rate 7%
$3,308,857
$3.3M
Cap Rate 9%
$2,573,556
$2.6M
Market Conditions
NOI Build-Up for 9,400 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
$414.0K $44.04/SF
− Vacancy
−$105.1K −$11.19/SF
EGI
$308.8K $32.85/SF
− OpEx
−$77.2K −$8.21/SF
NOI
$231.6K $24.64/SF
Area
San Francisco, CA
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 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%
$4,632,400
Cap Rate 7%
$3,308,857
Cap Rate 9%
$2,573,556
Alternative Uses
Best Use
Retail
$42.85M
$37.50M – $50.00M
NOI $2,999,789 @ 7.0% cap · market cap 73.17%
Second Best
Office B
$3.31M
$2.90M – $3.86M
NOI $231,620 @ 7.0% cap · market cap 5.65%
Theoretical Best
Specialty Retail
$45.92M
$40.18M – $53.57M
NOI $3,214,060 @ 7.0% cap · market cap 78.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 94107, CA
34,012
Population
18,798
Households
1.8
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
1.9 sq mi
ZIP Area
17,901
Density / Sq Mi
$186,123
Median Household Income
$118,676
Median Earnings
$3,378
Median Rent
$1,227,000
Median Home Value
Market
Vacancy Rate% for Office in San Francisco, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two stand-alone buildings combine retail, office, and commercial space with on-site parking.
Where is this mixed-use property located?
The property is located at 797 Bryant Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Approximately 9,400 square feet across two stand‑alone buildings; Two parcels totaling approximately 6,750 square feet; Renovated vacant second‑floor office at 797 Bryant Street
