Commercial Condo For
490 Post St Suite 239 San Francisco, CA 94102
490 Post St Suite 239, San Francisco, CA, 94102
Contact for pricing
For Sale
Contact for pricing
Commercial condominium available in a major San Francisco office building.
Property Size592 SF
Price / SF$639.36
Days on Market990
Property Features for 490 Post St Suite 239
General Information
- Standard status
- Active
- Size
- 592 SF
- Property subtype
- Office
Building Details
- Year Built
- 1925
Listing Agency
Blatteis Realty Co.
Listed by
Dez Einer · License #DRE 01421282
Source
Crexi
Added: Nov 1, 2023 Checked: Jul 16 at 7:57 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 Blatteis Realty Co.
Investment Insights
Based on property information with market context.
A commercial condominium is available for purchase at 490 Post Street, a major office building in San Francisco. The property is suitable for professional office uses. The unit provides 592 square feet of space.
Key Highlights
- Rare opportunity to purchase a commercial condominium.
- Located at 490 Post Street, a major San Francisco office building.
- Professional office uses are permitted.
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 | $26.1k | $44.04 |
| − Vacancy | −$6.6k | −$11.19 |
| EGI | $19.4k | $32.85 |
| − OpEx | −$4.9k | −$8.21 |
| NOI | $14.6k | $24.64 |
592 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$208.4K
$182.3K – $243.1K
NOI $14,587 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.89M
$2.53M – $3.37M
NOI $202,417 @ 7.0% cap · market cap 53.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Issa G. ...
Dental Office
Yu James K ...
Dental Office
Endodontic Arts of San ...
Dental Office
Union Square Endodontics
Dental Office
Dr. Vladimir Shuster, ...
Dental Office
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FAQs
What type of property is this?
Office units - Commercial condominium available in a major San Francisco office building.
Where is this office units located?
The property is located at 490 Post St Suite 239 San Francisco, CA.
What is the asking price?
The asking price for this property is $378,500.
What are key features of this property?
This property features: Rare opportunity to purchase a commercial condominium.; Located at 490 Post Street, a major San Francisco office building.; Professional office uses are permitted.
