Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1519 Polk St San Francisco, CA 94109

    • Retail properties
    • 575 SF
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ora Wine bar / Bar & Pub

    Property Details for 1519 Polk St

    Property size
    575 SF
    Property type
    Retail properties
    Property subtype
    Bars

    Description

    This exceptional turn-key wine bar opportunity is located in the vibrant Polk Gulch neighborhood of San Francisco, CA, at 1519 Polk Street, zip code 94109. The property boasts a total of approximately 575 to 800 square feet of space, distributed between a ground level and a lower level. Recent renovations have created a modern and inviting atmosphere, ready for immediate operation. The property includes a valuable Type 42 liquor license, ensuring a smooth transition for the new owner. A dedicated wine cellar and additional storage space provide ample room for inventory and supplies. The high foot traffic location benefits from proximity to numerous popular establishments, including Swan Oyster Depot, the Little Chihuahua, Juniper, Live Fit Gym, Harper & Rye, Bob's Donut, and the Hi-Lo Club, ensuring a steady stream of potential customers. This is a rare chance to acquire a well-established business in a thriving San Francisco neighborhood. The property is offered as a complete package, ready for a new owner to step in and continue its success. Contact us today for pricing and to schedule a showing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.421
    Latitude
    37.791

    Comparable in this City

    • Value Estimation by Request
      1,053 SF

      1504 Vallejo St

      Restaurants • 1,053 SF
      1504 Vallejo St, San Francisco, CA 94109
      View Details
    • Value Estimation by Request
      600 SF

      900 Sutter St

      Restaurants • 600 SF
      900 Sutter St, San Francisco, CA 94109
      View Details
    • Value Estimation by Request
      600 SF

      823 Geary St

      Restaurants • 600 SF
      823 Geary St, San Francisco, CA 94109
      View Details
    • Value Estimation by Request
      690 SF

      683 O'farrell St

      Retail properties • 690 SF
      683 O'farrell St, San Francisco, CA 94109
      View Details
    • Value Estimation by Request
      624 SF

      646 Hyde St

      Individual retail properties • 624 SF
      646 Hyde St, San Francisco, CA 94109
      View Details
    • Value Estimation by Request
      36,171 SF

      1700 Van Ness Ave

      Individual retail properties • 36,171 SF
      1700 Van Ness Ave, San Francisco, CA 94109
      View Details

    Similar Nearby for Sale

    • $1,475,000
      798 SF

      900 Bush St

      Lifestyle centers • 798 SF
      900 Bush St, San Francisco, CA 94109
      View Details
    • Contact for pricing
      575 SF

      Polk Gulch Wine Bar Opportunity

      Turn-key bar, high foot traffic location.
      1519 Polk St, San Francisco, CA 94109
      View Details
    • $250,000
      3,500 SF

      Remodeled Restaurant & Bar Space

      Fully remodeled restaurant and bar with a liquor license included.
      1050 Van Ness Ave, San Francisco, CA 94109
      View Details
    • $1,800,000
      3,052 SF

      Prime San Francisco Retail Condo

      Vacant 3,052 SF Retail Space, $1.8M
      1812 Polk St, San Francisco, CA 94109
      View Details
    • $9,000,000
      24,000 SF

      Jackson Street Auto Shop Investment

      Prime SF Auto Shop & Storefront
      1641 Jackson St, San Francisco, CA 94109
      View Details
    • $5,400,000
      13,611 SF

      Russian Hill Commercial Gem

      Prime SF location, flexible space, sale/lease options
      1545 Pacific Ave, San Francisco, CA 94109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,757 SF

      Van Ness Restaurant/Bar Space

      Second generation restaurant/bar space in a prominent location.
      2360 Van Ness Ave, San Francisco, CA 94109
      View Details
    • Contact for pricing
      575 SF

      Turn-Key Wine Bar For Rent

      Recently renovated wine bar with Type 42 liquor license.
      1501-1519 Polk St, San Francisco, CA 94109
      View Details
    • Contact for pricing
      1,075 SF

      Turnkey Tap Room in San Francisco

      Turnkey tap room with liquor license and cafe infrastructure.
      1030-1042 Polk St, San Francisco, CA 94109
      View Details
    • $1,800 /Mo

      868 Post St

      RETAIL/OFFICE/LIGHTINDUSTRY
      868 Post St, San Francisco, CA 94109
      View Details
    • Contact for pricing
      3,128 SF

      982 Post Street Office Suites

      Nob Hill Executive Office Space
      982 Post St, San Francisco, CA 94109
      View Details
    • $23 SF/Yr
      142,218 SF

      1000 Van Ness Grand Gallery Suite

      Office space • 142,218 SF
      1000 Van Ness Ave, San Francisco, CA 94109
      View Details
    Request Owner's contact information
    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.
    1519 Polk St
    San Francisco, CA 94109
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.