Mixed-Use Building in Prime
1641 Jackson St San Francisco, CA 94109
For Sale
Contact for pricing
24,000 SF mixed-use building between Russian Hill and Pacific Heights.
Property Size24,000 SF
Price / SF$343.75
Days on Market1645
Property Features for 1641 Jackson St
General Information
Standard status
Active
Size
24,000 SF
Property subtype
Retail, Mixed Use
Listing Agency:
Retail Pacific Inc.
(925) 256-4555
Listed By:
Carol Therien · License #CA 00909068
Source:
Crexi
Added: Jan 26, 2022
Changed: Jul 10
Last Checked: Jul 28 at 2:55PM
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 Retail Pacific Inc.
Investment Insights
Based on property information with market context.
This 24,000 sq ft building is situated between Russian Hill and Pacific Heights. The property features 12,000 sq ft on the ground level with high ceilings reaching 25 feet at the peak. An additional 12,000 sq ft is located on the lower level, offering parking space with 11-foot ceilings. The building showcases a historic facade. SF Fitness is opening in the spring across the street.
Key Highlights
- 24,000 sq ft building in a prime location between Russian Hill and Pacific Heights.
- 12,000 sq ft ground level with high ceilings (25’ at peak).
- 12,000 sq ft lower level parking (11’ ceiling).
Financial Insights For Mixed Use
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 | $864.0k | $36.00 |
| − Vacancy | −$129.6k | −$5.40 |
| EGI | $734.4k | $30.60 |
| − OpEx | −$275.4k | −$11.48 |
| NOI | $459.0k | $19.13 |
24,000 SF · lease $36.00/SF/yr · vacancy 15.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$6.56M
$5.74M – $7.65M
NOI $459,000 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$109.41M
$95.74M – $127.65M
NOI $7,659,036 @ 7.0% cap · market cap 92.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - 24,000 SF mixed-use building between Russian Hill and Pacific Heights.
Where is this mixed-use property located?
The property is located at 1641 Jackson St San Francisco, CA.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: 24,000 sq ft building in a prime location between Russian Hill and Pacific Heights.; **12,000 sq ft ground level with high ceilings (25’ at peak).**; 12,000 sq ft lower level parking (11’ ceiling).
