Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    736-738 Grant Ave San Francisco, CA 94108
    Back to Search
    Property profile & analytics

    736-738 Grant Ave, San Francisco, CA 94108

    View on Map
    • Lifestyle centers
    • 7,072 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 736-738 Grant Ave

    Year built
    1907
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This three-story, 7,072 square foot shopping center in San Francisco's historic Chinatown offers a compelling investment opportunity. Located on Grant Avenue between Clay and Sacramento streets, this property boasts a prime location with high foot traffic and easy access to public transportation, including the Chinatown MUNI Station and cable car lines. Currently, two of the three units are occupied, with one retail tenant recently signing a five-year lease with annual escalations. The middle floor is vacant, presenting an immediate opportunity for owner-occupancy or lease-up. The top floor is on a month-to-month lease. Each of the three commercial units offers approximately 1,800 square feet, including mezzanine and additional storage space. Built in 1907, the building sits on a 1,838 square foot lot and is zoned CVR. The asking price is $2,900,000, representing a price per square foot of $410.07, a 2.91% cap rate, and a pro-forma cap rate of 3.41%. The current occupancy is 67%, with a pro-forma net operating income (NOI) of $98,811. This property presents a rare opportunity for an owner-user or an investor seeking a well-located, multi-tenant retail building in a vibrant and growing neighborhood. The property's unique details and strong potential for appreciation make it an attractive addition to any portfolio.

    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
    -122.406
    Latitude
    37.794

    Comparable in this City

    • Value Estimation by Request
      7,478 SF

      438 Grant Ave

      Restaurants
      438 Grant Ave, San Francisco, CA 94108
      View Details
    • Value Estimation
      $4,825,000
      68,472 SF

      48 Stockton St

      DEPARTMENT STORE
      48 Stockton St, San Francisco, CA 94108-5830
      View Details
    • Value Estimation by Request
      1,875 SF

      919 Clay St

      Individual retail properties
      919 Clay St, San Francisco, CA 94108
      View Details
    • Value Estimation by Request
      2,690 SF

      333 Sutter St

      Retail properties & Spaces
      333 Sutter St, San Francisco, CA 94108
      View Details
    • Value Estimation by Request
      0.96 Acres

      150 Stockton St

      DEPARTMENT STORE
      150 Stockton St, San Francisco, CA 94108-5807
      View Details
    • Value Estimation by Request

      256-262 Sutter St

      Office Spaces
      256-262 Sutter St, San Francisco, CA 94108
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,080 SF

      Union Square Mixed-Use Building

      Mixed-use building in Union Square with retail and office space.
      45-50 Maiden Ln, San Francisco, CA 94108
      View Details
    • $1,650,000

      Prime Chinatown Mixed-Use Investment

      Mixed-use property in San Francisco's Chinatown with retail and residential.
      550 Grant Ave, San Francisco, CA 94108
      View Details
    • $1,295,000
      2,192 SF

      Downtown San Francisco Commercial Duplex

      Inspiring space ideal for creative, retail, or professional use.
      767 Bush St, San Francisco, CA 94108
      View Details
    • Contact for pricing

      Prime Retail Space Near Union

      Retail property near Union Square with high visibility.
      311 Grant Ave, San Francisco, CA 94108
      View Details
    • $2,795,000
      3,795 SF

      Commercial Asset in Lower Nob Hill

      Two-story commercial building with redevelopment potential near Union Square.
      729 Bush St, San Francisco, CA 94108
      View Details
    • Contact for pricing
      9,160 SF

      Grant Avenue Retail Opportunity

      Four-unit commercial property with former restaurant space for sale.
      522-528 Grant Ave, San Francisco, CA 94108
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,987 SF

      Retail Space Available For Lease

      Prime retail property available for lease in San Francisco.
      1 Stockton St, San Francisco, CA 94108
      View Details
    • Contact for pricing
      2,200 SF

      Union Square Retail Opportunity

      Prime retail space in the heart of Union Square.
      212 Stockton St, San Francisco, CA 94108
      View Details
    • Contact for pricing
      5,951 SF

      Retail Space in Chinatown

      Vibrant retail space in San Francisco's historic Chinatown.
      933 Grant Ave, San Francisco, CA 94108
      View Details
    • Contact for pricing

      Retail Space Available

      Retail spaces available for rent.
      323 Sutter St, San Francisco, CA 94108
      View Details
    • Contact for pricing
      792 SF

      Retail Space Near Luxury Residences

      792 SF retail space near luxury hotels and transportation.
      75-120 Geary St, San Francisco, CA 94108
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available ranging from 695 to 1,648 SqFt.
      819 Sacramento St, San Francisco, CA 94108
      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.
    736-738 Grant Ave
    San Francisco, CA 94108
    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

    Thank You for Inquiry
    736-738 Grant Ave, San Francisco, CA, 94108
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!