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    2940 16Th St San Francisco, CA 94103

    For Lease
    $7 SF/Yr

    55,560 SF Office Space, 11 Suites Available

    Lot size:
    55,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Redstone Building, located at 2924-2948 16th Street in San Francisco's vibrant Mission District, offers 55,560 square feet of prime office space. This three-story, steel-framed building features captivating brick and concrete facades, situated on a 150' x 90' lot with prominent street frontage on both 16th and Capp Streets. The property boasts 11 available spaces ranging from 316 to 8,690 square feet, suitable for a variety of tenants, from small offices to larger organizations. The building is conveniently located within a one-minute walk of BART, providing excellent public transit access. The majority of units are ADA accessible. Security features include secure doors and locks. Many spaces have been recently renovated, blending modern amenities with the building's historic charm. The Redstone Building has a rich history as a home to nonprofits, art centers, and organizations focused on social change, fostering a unique and collaborative community environment. The building's location within Google's San Francisco centroid ensures high online visibility. Responsive management ensures a smooth leasing experience. This is a rare opportunity to lease space in a historically significant and conveniently located building within a thriving and diverse community.

    Property Features for 2940 16Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,560 SF
    Total Rate
    33336

    Unit(s) available at that property

    Space
    3rd Floor, Ste 315
    Size
    686 SF
    Rate per SF
    $11
    Space
    1st Floor, Ste 104
    Size
    473 SF
    Rate per SF
    $14
    Space
    1st Floor, Ste 105
    Size
    869 SF
    Rate per SF
    $14
    Space
    3rd Floor, Ste 323
    Size
    578 SF
    Rate per SF
    $14
    Space
    1st Floor, Ste Basement
    Size
    8,690 SF
    Rate per SF
    $7
    Space
    3rd Floor, Ste 304
    Size
    1,015 SF
    Rate per SF
    $29
    Space
    2nd Floor, Ste 204
    Size
    528 SF
    Rate per SF
    $17
    Space
    2nd Floor, Ste 200-1
    Size
    524 SF
    Rate per SF
    $11
    Space
    3rd Floor, Ste 322
    Size
    420 SF
    Rate per SF
    $14
    Space
    3rd Floor, Ste 314
    Size
    895 SF
    Rate per SF
    $14
    Space
    2nd Floor, Ste 210
    Size
    316 SF
    Rate per SF
    $17

    HighLights

    • 55,560 square foot office building with multiple tenancies available.
    • 11 suites available ranging from 316 to 8,690 square feet.
    • Located in San Francisco's Mission District, offering high online visibility due to its proximity to Google's centroid.
    • One‑minute walk to BART public transit.
    • Features ADA accessibility in most units, secure entry, and renovated spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    San Francisco Living ... Labor Union Redstone Labor Temple ... Association Or Organization Kraken Creative Studios Software Company United Taxicab Workers-CWA Taxi Service Carsy Car Dealer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.4183468
    Latitude
    37.7653139

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    FAQs

    What type of property is this?
    Office space - 55,560 SF Office Space, 11 Suites Available
    Where is this office space located?
    The property is located at 2940 16Th St San Francisco, CA.
    What is the lease rate?
    The lease rate is $7-$29 SF/Yr.
    What are key features of this property?
    This property features: 55,560 square foot office building with multiple tenancies available.; 11 suites available ranging from 316 to 8,690 square feet.; Located in San Francisco's Mission District, offering high online visibility due to its proximity to Google's centroid.
    Request Owner's contact information
    2940 16Th St San Francisco, CA 94103
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    San Francisco, CA 94103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2940 16Th St San Francisco, CA 94103
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