1234 Divisadero StSan Francisco, CA 94115

Property Details for 1234 Divisadero St

Year built

1981

Construction

WOOD

Lot size

0.33 AC

Property size (Sq ft)

12,328 SF

Zone code

NC2

Property type

Office properties

Property subtype

Office buildings

APN

1127 -039

APU

1127039

Description

This exceptional two-story executive office building, located at 1234 Divisadero Street in San Francisco, CA 94115, presents a unique investment opportunity. Spanning 12,328 square feet on a 14,465.5 square foot lot, this property boasts 20 dedicated parking spaces, a significant advantage in a densely populated urban area. The building is situated in the desirable Fillmore District, just two blocks from the Geary Boulevard corridor and a major medical cluster, offering excellent accessibility and visibility. Currently vacant, this property is ideal for an owner-user seeking a move-in ready space or an investor looking for redevelopment potential. The building features an elevator providing convenient access to the second floor and parking lot. Children's restrooms are located on the ground floor, and a dedicated front loading zone enhances operational efficiency. The property is zoned NCT - Divisadero Street Neighborhood Commercial Transit District, offering flexibility for future uses. The asking price is $4,950,000, translating to $389 per square foot. This represents a rare chance to acquire a freestanding office building in a highly sought-after San Francisco location. The property's strategic location near major medical centers like Kaiser and UCSF further enhances its appeal. The substantial lot size also presents potential for future development or expansion. This is a fully vacant, move-in ready opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,305,122

  6.5%

  $3,050,882

  7%

  $2,832,962

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,346,596

  Geo Method

  $3,438,402

• Alternative Use

  Use

  Valuation

  Residential

  $3,783,094

  Hospitality

  $3,465,293

  Educational

  $2,883,083

  Medical

  $2,982,237

  Retail

  $4,484,796

Location Insight

City

San Francisco

County

San Francisco

State

California

Latitude

37.7812

Longitude

-122.439

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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