1628 Union St San Francisco, CA 94123
- Office Properties & Spaces
- 2,139 SF
Current Use by Public Records
- LIKEWOOD GEORGINA / Financial Planner
- Clinical Skin Care by Olga Lovett / Skin Care Clinic
- Captulina Skincare / Skin Care Clinic
- Kareltsa Industrial SA de CV / Website Designer / Marketing Agency
Property Details for 1628 Union St
- Year built
- 1900
- Property size
- 2,139 SF
- Zone code
- UNION
- Property type
- Office Properties & Spaces
- APN
- 0528 -025
- APU
- 528025
Description
This exceptional 2,139 square foot commercial condominium, located at 1628 Union Street in San Francisco's desirable Cow Hollow neighborhood (zip code 94123), presents a unique investment opportunity. The property, built in 1900, is a second-floor unit within a four-level Victorian building and features nine offices, two restrooms, and a kitchenette. It also offers access to a shared patio area. The asking price is $1,100,000, translating to $514.26 per square foot. Currently vacant, this mixed-use space is zoned NCD - Union Street Neighborhood Commercial, offering flexibility for various office uses, including executive, medical, or traditional office setups. The property sits on a 2,139 square foot lot (APN 0528-025) and is offered as a gross lease. Its prime location on Union Street provides easy access to public transportation, bridges, and a wealth of amenities, including popular restaurants, high-end retail, and various lifestyle services. The surrounding area boasts superior demographics, with an average individual income of $132,709 and a median age of 34. This presents an excellent opportunity for owner-occupancy or investment, with SBA financing potentially available. The property is currently 33% occupied.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $910,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $950,000
- 6.5%
- $895,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,045,000
- Geo Method
- $865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $915,000
- Retail
- $1,055,000
- Mixed-Use
- $1,025,000
- Hospitality
- $935,000
- Educational
- $925,000
- Residential Income
- $1,000,000
- Energy
- $840,000
- Income-Based Land
- $1,155,000
- Food Service
- $900,000
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.426
- Latitude
- 37.7986
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
