Creative Office
948-950 Howard Street San Francisco, CA 94107
948-950 Howard Street, San Francisco, CA, 94107
Contact for pricing
For Sale
Contact for pricing
Fee-simple creative office space with mostly open collaboration layout, kitchenette, breakout rooms, and a conference room.
Property Size4,100 SF
Price / SF$475.61
Days on Market51
Property Features for 948-950 Howard Street
General Information
- Standard status
- Active
- Size
- 4,100 SF
- Property subtype
- Office
Listing agency
Touchstone Commercial Partners
(415) 539-1121
Listed by
Zach Haupert · License #CA 01822907
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 5:34AM
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 Touchstone Commercial Partners
Investment Insights
Based on property information with market context.
This fee-simple property at 948–950 Howard Street features a creative build-out designed for collaboration. The interior offers a mostly open layout supported by a kitchenette, multiple breakout rooms, and a dedicated conference room, making the space well-suited to teams that want both shared work areas and private discussion space.
The property is positioned just steps from several major destinations, including the Intercontinental Hotel, Westfield San Francisco Centre, Metreon, Yerba Buena Gardens, and Moscone Center. Parking is available via a surface lot located about half a block away, along with ample metered street parking.
The configuration supports owner-users and small businesses seeking an immediately usable workplace with its own identity. Investors and operators can also consider the straightforward, collaboration-focused layout for office tenants looking for a turnkey creative office environment in a dense Midtown-adjacent area surrounded by ongoing residential, retail, and office development.
The property is positioned just steps from several major destinations, including the Intercontinental Hotel, Westfield San Francisco Centre, Metreon, Yerba Buena Gardens, and Moscone Center. Parking is available via a surface lot located about half a block away, along with ample metered street parking.
The configuration supports owner-users and small businesses seeking an immediately usable workplace with its own identity. Investors and operators can also consider the straightforward, collaboration-focused layout for office tenants looking for a turnkey creative office environment in a dense Midtown-adjacent area surrounded by ongoing residential, retail, and office development.
Key Highlights
- Fee‑simple interest offered at 948‑950 Howard Street, San Francisco, CA 94107.
- Creative office build‑out with a mostly open collaboration layout.
- Includes kitchenette, breakout rooms, and a conference room.
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 | $180.6k | $44.04 |
| − Vacancy | −$45.9k | −$11.19 |
| EGI | $134.7k | $32.85 |
| − OpEx | −$33.7k | −$8.21 |
| NOI | $101.0k | $24.64 |
4,100 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $101,026 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$20.03M
$17.52M – $23.36M
NOI $1,401,877 @ 7.0% cap · market cap 71.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Fee-simple creative office space with mostly open collaboration layout, kitchenette, breakout rooms, and a conference room.
Where is this creative space located?
The property is located at 948-950 Howard Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Fee‑simple interest offered at 948‑950 Howard Street, San Francisco, CA 94107.; Creative office build‑out with a mostly open collaboration layout.; Includes kitchenette, breakout rooms, and a conference room.
