Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2109 Market St San Francisco, CA 94114

    Sponsored
    For Lease
    Contact for pricing

    758 SF Retail Space in San Francisco's Castro

    Lot size:
    758 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    401
    This exceptional 758-square-foot retail space is located at 2109 Market Street, San Francisco, CA 94114, situated on the bustling corner of Market and Church Streets. The property, a three-story Class B building constructed in 1920, offers a single, vacant suite encompassing the entire building. The address boasts a prime location within the vibrant Duboce Triangle neighborhood, surrounded by a thriving mix of bars, restaurants, unique retail shops, and nightlife. The immediate vicinity includes well-established businesses such as Verve Coffee Roasters, Il Casaro Pizzeria, Corepower Yoga, Ace Hardware, Woodhouse Fish Company, and a Safeway shopping center, ensuring high foot traffic and visibility. The property is zoned NCT (Zoning information to be verified independently) and has the APN 3543-001 in San Francisco County. While the building has three stories, the available space is within a single suite. Note that there is no on-site parking and no elevators. This presents a unique opportunity for a retailer seeking a high-profile location in a dynamic and densely populated area of San Francisco. This information is provided for informational purposes only and should be independently verified.

    Property Features for 2109 Market St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    758 SF
    Class
    B

    Building Details

    Year Built
    1920
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space
    Size
    758 SF

    HighLights

    • Former fitness studio.
    • Approximately 758 square feet.
    • Prime corner location at Church and Market Streets in San Francisco's Duboce Triangle neighborhood.
    • Ideal for retail or service‑based businesses.
    • High foot traffic area with nearby businesses including Verve Coffee, Safeway, and Corepower Yoga.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.42930888339
    Latitude
    37.767124246993

    Nearby Similar for Lease

    • $2,500 /Mo
      1,190 SF

      Prime Retail Space on Mission

      High-visibility retail space with consistent foot traffic in San Francisco.
      5654 Mission St, San Francisco, CA 94112
      View Details
    • $8,000 /Mo
      3,795 SF

      San Francisco Commercial Space Available

      Two-story commercial building in Lower Nob Hill for rent.
      729 Bush St, San Francisco, CA 94108
      View Details
    • Contact for pricing
      28,863 SF

      Creative Space in Jackson Square

      Unique office and retail space with planned redesign.
      900 Sansome St, San Francisco, CA 94111
      View Details
    • $19 SF/Yr
      55,560 SF

      Historic Redstone Building in Mission

      Three-story office building in San Francisco's vibrant Mission District.
      2924-2948 16Th St, San Francisco, CA 94103
      View Details
    • $51 SF/Yr
      14,450 SF

      Class A Office Space Available

      Class A office building in San Francisco's South Financial District.
      71 Stevenson St, San Francisco, CA 94105
      View Details
    • $55 SF/Yr
      25,250 SF

      SOMA Building with High Ceilings

      Full building available for lease in Western SOMA.
      130 9Th St, San Francisco, CA 94103
      View Details
    • $25 SF/Yr
      8,000 SF

      Modern Flex Facility in SoMA

      15,500 SF flex suite in thriving San Francisco neighborhood.
      361 Brannan St, San Francisco, CA 94107
      View Details
    • $27 SF/Yr
      16,150 SF

      San Francisco Office/Flex Space

      Two-story office/flex space with parking and high power available for lease.
      San Francisco, CA 94103
      View Details
    • Contact for pricing
      37,812 SF

      Nob Hill Retail Opportunity

      Two-story, 37,812 SF building in desirable Nob Hill.
      1270 Bush St, San Francisco, CA 94109
      View Details
    • $12 SF/Yr
      50,000 SF

      Efficient Office Space in SOMA

      Highly efficient office space with parking in the SOMA district.
      859 Harrison St, San Francisco, CA 94107
      View Details
    • $24 SF/Yr
      1,350 SF

      SOMA Retail or Office Space

      Versatile space in San Francisco's vibrant SOMA neighborhood.
      1110-1114 Harrison St, San Francisco, CA 94103
      View Details
    • Contact for pricing
      15,387 SF

      Creative Office Space Available Now

      Creative office space with high-end finishes, move-in ready.
      1950 Kearny St, San Francisco, CA 94108
      View Details

    FAQs

    What type of property is this?
    Retail property - 758 SF Retail Space in San Francisco's Castro
    Where is this retail property located?
    The property is located at 2109 Market St San Francisco, CA.
    What are key features of this property?
    This property features: Former fitness studio.; Approximately 758 square feet.; Prime corner location at Church and Market Streets in San Francisco's Duboce Triangle neighborhood.
    Request Owner's contact information
    2109 Market St San Francisco, CA 94114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2109 Market St
    San Francisco, CA 94114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2109 Market St San Francisco, CA 94114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.