Mixed-Use Retail with
For Sale
$1,895,000
934 Larkin Street, San Francisco, CA 94109
Ground-floor retail storefront with adjoining 12' ceiling warehouse, full finished basement, and second-floor residential/office space.
Property Size9,770 SF
Days on Market195
Property Features for 934 Larkin Street
General Information
Standard status
Active
Size
9,770 SF
Property subtype
Retail
Additional Details
Clear Height
12 ft
Building Details
Building Size
9,770 SF
Year Built
1914
Listing Agency:
Coldwell Banker Commercial Realty
(415) 474-1750
Listed By:
Steven Caravelli
Source:
Paytonslist
Added: Jan 20
Changed: Jul 27
Last Checked: Aug 2 at 11:56AM
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 Commercial Realty
Investment Insights
Based on property information with market context.
This mixed-use building features a ground-floor retail storefront with direct street-facing use. The adjoining warehouse includes a 12' ceiling, supported by a full finished basement for additional back-of-house functionality.
A second-floor residential/office space adds flexibility within the existing layout. The property is offered for sale as a street-front retail plus warehouse configuration suitable for an owner-user looking to combine retail operations with on-site storage and workspace.
Overall, the building’s straightforward vertical arrangement connects the storefront level, the adjoining warehouse, and the finished basement, with the second floor supporting residential or office use.
A second-floor residential/office space adds flexibility within the existing layout. The property is offered for sale as a street-front retail plus warehouse configuration suitable for an owner-user looking to combine retail operations with on-site storage and workspace.
Overall, the building’s straightforward vertical arrangement connects the storefront level, the adjoining warehouse, and the finished basement, with the second floor supporting residential or office use.
Key Highlights
- 1914‑built mixed‑use building featuring ground‑floor retail storefront with direct street access
- Adjoining 12' ceiling warehouse provides back‑of‑house capacity for inventory, production, or fulfillment
- Includes a full finished basement for additional usable space
Financial Insights For Warehouse
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 | $137.2k | $14.04 |
| − Vacancy | −$8.0k | −$0.81 |
| EGI | $129.2k | $13.23 |
| − OpEx | −$19.4k | −$1.98 |
| NOI | $109.8k | $11.24 |
9,770 SF · lease $14.04/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$44.54M
$38.97M – $51.96M
NOI $3,117,866 @ 7.0% cap · market cap 164.53%
Second Best
Office B
$3.44M
$3.01M – $4.01M
NOI $240,737 @ 7.0% cap · market cap 12.70%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12 ft
Clear height
Location Intelligence
Trade Area within ½ mile
15,029
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in San Francisco, CA
Questions? Ask Rey
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- Showcase Flowers — 325 Mason St, San Francisco, CA 94102
- A New Leaf Florist — 1101 b van ness ave, san francisco, ca 94109
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor retail storefront with adjoining 12' ceiling warehouse, full finished basement, and second-floor residential/office space.
Where is this storefront property located?
The property is located at 934 Larkin Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 1914‑built mixed‑use building featuring ground‑floor retail storefront with direct street access; Adjoining 12' ceiling warehouse provides back‑of‑house capacity for inventory, production, or fulfillment; Includes a full finished basement for additional usable space
