209 9Th StSan Francisco, CA 94103
- Mixed-use properties
- 18,000 SF
Property Details for 209 9Th St
- Year built
- 1924
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.09 AC
- Property size (Sq ft)
- 18,000 SF
- Zone code
- SLR
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 3729 -081
- APU
- 3729081
Description
This exceptional offering presents three unique commercial condos nestled in the vibrant heart of San Francisco's SOMA district. The property, located at 209 9th Street, comprises a mixed-use building with a total of three units spread across three floors. The ground floor unit, approximately 3,000 square feet, is ideally suited for retail or office use and is priced at $1.5 million. The second and third floors each offer a full floor of office space, accessible via a recently installed ADA-compliant elevator. The second-floor condo, priced at $2.5 million, features an open office area, two private offices, a conference room, and a kitchen. The third-floor condo, also priced at $2.6 million, boasts a newly remodeled open-plan layout perfect for a creative office environment. Recent renovations include new flooring, lighting, and a modern kitchen and bathrooms. This floor also offers high ceilings, abundant natural light, and sweeping views of West SOMA and the Sutro Tower. Two additional conference rooms are also included on this floor. The building's location provides easy access to BART and numerous restaurants and amenities. SBA financing is currently approved, allowing for purchases with as little as 10% down. The total price for all three units is $6.6 million. This presents a compelling opportunity for owner-occupiers seeking a prime location and versatile space in a thriving San Francisco neighborhood. The square footage of the second and third floor units is not specified, but the total square footage for all three units ranges from 3,000 to 4,362 square feet.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,825,778
- 6.5%
- $4,454,564
- 7%
- $4,136,382
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,426,244
- Geo Method
- $5,020,380
-
Alternative Use
- Use
- Valuation
- Residential
- $5,523,660
- Hospitality
- $5,059,643
- Educational
- $4,209,564
- Medical
- $4,354,337
- Retail
- $6,548,210








Location Insight
- City
- San Francisco
- County
- San Francisco
- State
- California
- Latitude
- 37.775
- Longitude
- -122.413
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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