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Mixed-Use Space with Mezzanine
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883 SUTTER ST, San Francisco, CA 94109

RC4 zoning and flexible interior areas support a range of commercial configurations.

Property Size1,975 SF
Price / SF$3.49
Days on Market255

Property Features for 883 SUTTER ST

General Information

Standard status Active
Size 1,975 SF
Zoning RC4

Site & Location

Neighborhood Tenderloin Heights

Additional Details

Floor Main Floor
Property Use Retail/Office

Amenities

sunroom

Building Details

Year Built 1921
Construction concrete
Listing Agency: Compass
Listed By: Guy Giuffre · License #1393931
Source: Giuffreproperties
Added: Feb 18 Changed: Oct 31 Last Checked: Oct 28 at 2:43PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property occupies a 1921 concrete building and provides 1,975 square feet on the main floor, arranged as an open space beneath 20-foot ceilings. A mezzanine adds an upper-level area, while a full basement offers additional storage. The functioning sunroom brings natural light into the interior.

Located at 883 Sutter St in San Francisco, the property is within walking distance of Macy’s Union Square, the Apple Store, hotels, restaurants, bars, and other retail businesses. RC4 zoning is also a notable feature of the site.

Key Highlights

  • 1,975‑square‑foot open main floor with 20‑foot ceilings
  • Mezzanine and full basement provide additional interior areas
  • Functioning sunroom brings natural light inside

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,772
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,440 $755.4K
Cap Rate 7%
$539,600 $539.6K
Cap Rate 9%
$419,689 $419.7K
Market Conditions
NOI Build-Up for 1,975 SF
Gross rent
$71.1K $36.00/SF
− Vacancy
−$10.7K −$5.40/SF
EGI
$60.4K $30.60/SF
− OpEx
−$22.7K −$11.48/SF
NOI
$37.8K $19.13/SF
Area
ZIP 94109
Vacancy
15.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,440
Cap Rate 7%
$539,600
Cap Rate 9%
$419,689

Alternative Uses

Best Use
Retail
$9.00M
$7.88M – $10.50M (±1% cap)
NOI $630,275 @ 7.0% cap · market cap 9,134.42%
Second Best
Office B
$695.2K
$608.3K – $811.1K (±1% cap)
NOI $48,665 @ 7.0% cap · market cap 705.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store Buffet Clothing & Fashion Store Pet Grooming Service Tanning Salon Adult Day Care

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

20,767
Businesses Nearby

Demographics for 94109, CA

58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in San Francisco, CA

5.4% 2019
15.8% 2020
18.5% 2021
24.1% 2022
32.5% 2023
34.2% 2024
33.1% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - RC4 zoning and flexible interior areas support a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 883 SUTTER ST San Francisco, CA.
What are key features of this property?
This property features: 1,975‑square‑foot open main floor with 20‑foot ceilings; Mezzanine and full basement provide additional interior areas; Functioning sunroom brings natural light inside
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Includes: Price & PSF · Cap rate · Location · Zoning

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