Spacious Russian Hill Mixed-Use
1545 Pacific Ave San Francisco, CA 94109
1545 Pacific Ave, San Francisco, CA, 94109
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For Sale
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Sunlit mixed-use building in Russian Hill's vibrant retail corridor.
Property Size13,611 SF
Price / SF$396.74
Days on Market1052
Property Features for 1545 Pacific Ave
General Information
- Standard status
- Active
- Size
- 13,611 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 1937
Listing Agency
Maven Commercial, Inc
(415) 781-7700
Listed by
Santino DeRose · License #CA 01338326
Source
Crexi
Added: Aug 31, 2023 Checked: Jul 16 at 11:32 am
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 Maven Commercial, Inc
Investment Insights
Based on property information with market context.
Located in the Russian Hill neighborhood of San Francisco, 1545 Pacific Avenue is a generously spacious and sunlit building. The property has a total area of up to 13,611 square feet and can be subdivided into a minimum of 2,000 square feet. The owner is open to leasing or selling the property, with options such as lease agreements with the potential to purchase, flexible short or extended-term leases, or purchasing with seller financing. The ground floor features an open floor plan that transitions to an upper level filled with sunlight. This upper space includes open workspaces, private offices, and vast ceilings. Oversized windows provide abundant natural light throughout the day. Situated in the heart of Upper Polk Street, within the retail corridor of Russian Hill, the property offers access to the city. Nearby businesses include the upcoming BiRite, Cheese Plus, Reveille Coffee, Nisei, Blue Barn, and Walgreens. The property is near transportation options and street parking. Monthly parking arrangements may be available in nearby lots and garages.
Key Highlights
- Highly desirable Russian Hill location in the Upper Polk Street retail corridor.
- Versatile property with options for leasing or sale, including lease‑to‑purchase and seller financing.
- Generously spacious with up to 13,611 square feet, divisible to 2,000 square feet.
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 | $599.4k | $44.04 |
| − Vacancy | −$152.3k | −$11.19 |
| EGI | $447.2k | $32.85 |
| − OpEx | −$111.8k | −$8.21 |
| NOI | $335.4k | $24.64 |
13,611 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$62.05M
$54.30M – $72.39M
NOI $4,343,631 @ 7.0% cap · market cap 80.44%
Second Best
Office B
$4.79M
$4.19M – $5.59M
NOI $335,380 @ 7.0% cap · market cap 6.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stuff
Furniture & Home Goods
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Sunlit mixed-use building in Russian Hill's vibrant retail corridor.
Where is this mixed-use property located?
The property is located at 1545 Pacific Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Highly desirable Russian Hill location in the Upper Polk Street retail corridor.; Versatile property with options for leasing or sale, including lease‑to‑purchase and seller financing.; Generously spacious with **up to 13,611 square feet**, divisible to 2,000 square feet.
