Restaurant Space with Full
For Sale
$1,250,000
917 Taraval Street, San Francisco, CA 94116
Well-equipped restaurant property with a full commercial kitchen, two walk-in refrigerators, and two restrooms in NC-2 zoning.
Property Size2,750 SF
Lot Size0.06 Acres
Price / SF$454.55
Days on Market153
Property Features for 917 Taraval Street
General Information
Standard status
Active
Size
2,750 SF
Lot size
0.06 Acres
Property subtype
Retail
Zoning
NC-2
Additional Details
Business Included
Yes
Building Details
Building Size
2,750 SF
Year Built
1937
Listing Agency:
Coldwell Banker Realty
(415) 682-6666
Listed By:
Alice W Lam
Source:
Swanngroupsf
Added: Mar 20
Changed: Aug 17
Last Checked: Aug 18 at 5:49AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This for-sale restaurant property is ready for a new owner and was previously operated as a Szechuan Taste Restaurant for more than 30 years. The building includes a full commercial kitchen, two walk-in refrigerators, and two restrooms, supporting immediate foodservice functionality. The property sits on a 27.5' x 100' lot and was built in 1937, with approximately 2,750 square feet noted per tax records.
Located in the heart of the Parkside district on Taraval Street, the site offers both foot and vehicle traffic exposure. The zoning is NC-2 (Neighborhood Commercial), which supports neighborhood-oriented commercial activity.
For buyers looking to continue operating a dining concept, this layout provides core improvements typically required for restaurant use, including the commercial kitchen package and multiple restroom facilities. It may also be considered for other commercial uses consistent with NC-2 zoning, with the existing kitchen and walk-in refrigeration providing a strong base for food-related operations. Showings are available by appointment only.
Located in the heart of the Parkside district on Taraval Street, the site offers both foot and vehicle traffic exposure. The zoning is NC-2 (Neighborhood Commercial), which supports neighborhood-oriented commercial activity.
For buyers looking to continue operating a dining concept, this layout provides core improvements typically required for restaurant use, including the commercial kitchen package and multiple restroom facilities. It may also be considered for other commercial uses consistent with NC-2 zoning, with the existing kitchen and walk-in refrigeration providing a strong base for food-related operations. Showings are available by appointment only.
Key Highlights
- NC‑2 neighborhood commercial zoning with approx. 2,750 sq. ft. building area (per tax records).
- Former Szechuan Taste Restaurant location with over 30 years of restaurant use.
- Full commercial kitchen plus two walk‑in refrigerators for food service operations.
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
$69,795
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
5.58%
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%
$1,395,900
$1.4M
Cap Rate 7%
$997,071
$997.1K
Cap Rate 9%
$775,500
$775.5K
Market Conditions
NOI Build-Up for 2,750 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
$99.0K $36.00/SF
− Vacancy
−$5.9K −$2.16/SF
EGI
$93.1K $33.84/SF
− OpEx
−$23.3K −$8.46/SF
NOI
$69.8K $25.38/SF
Area
ZIP 94116
Vacancy
6.00%
Lease Rate
$36.00 /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%
$1,395,900
Cap Rate 7%
$997,071
Cap Rate 9%
$775,500
Alternative Uses
Best Use
Specialty Retail
$997.1K
$872.4K – $1.16M
NOI $69,795 @ 7.0% cap · market cap 5.58%
Second Best
Industrial
$594.0K
$519.8K – $693.0K
NOI $41,580 @ 7.0% cap · market cap 3.33%
Theoretical Best
Retail
$12.54M
$10.97M – $14.63M
NOI $877,598 @ 7.0% cap · market cap 70.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,010
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 46%
Safeway
Groceries
38,819 visits/mo
0.1 miles
Flyers
Shops & Services
14,522 visits/mo
0.1 miles
Shell
Shops & Services
13,966 visits/mo
0.0 miles
Bank of America
Shops & Services
6,479 visits/mo
0.0 miles
Chase Bank
Shops & Services
5,769 visits/mo
0.0 miles
Demographics for 94116, CA
44,092
Population
16,406
Households
2.7
Avg Household Size
44
Median Age
57%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
17,637
Density / Sq Mi
$152,587
Median Household Income
$79,675
Median Earnings
$2,938
Median Rent
$1,450,000
Median Home Value
Market
Vacancy Rate% for Retail in San Francisco, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-equipped restaurant property with a full commercial kitchen, two walk-in refrigerators, and two restrooms in NC-2 zoning.
Where is this conventional restaurant located?
The property is located at 917 Taraval Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: NC‑2 neighborhood commercial zoning with approx. 2,750 sq. ft. building area (per tax records).; Former Szechuan Taste Restaurant location with over 30 years of restaurant use.; Full commercial kitchen plus two walk‑in refrigerators for food service operations.
