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    OFF-MARKET
    Office Spaces

    44 Gough St, San Francisco, CA 94103

    36,041 SF Built 1924
    Property ID
    Property summary
    AI-generated overview

    This exceptional 36,041 square foot creative office building, located at 44 Gough Street in San Francisco's vibrant Hayes Valley neighborhood, presents a compelling investment opportunity for both owner-users and investors. Built in 1924, this three-story building sits on a 25,750 square foot lot and offers significant upside potential. Currently at 60% occupancy, the property provides immediate cash flow with the opportunity to increase revenue by leasing vacant suites. The building features 33 on-site parking spaces, a rare amenity for a building of this size. The NCT-3 Downtown General Commercial zoning allows for flexibility in use, accommodating various business operations, including office and flex space. Substantial capital improvements have been made, and the sizable lot presents future development possibilities. Its strategic location at the entrance to Hayes Valley ensures excellent visibility and accessibility, benefiting from high foot and vehicle traffic. The property's mixed-use zoning supports neighborhood-serving commercial uses on lower floors with residential potential above, aligning with the area's walkable and transit-oriented character. The asking price is $12,800,000, with a price per square foot of $355.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1924
    Total area 36,041 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Community Assessment Referral Center Child Welfare Organization Charitable Organization
    • Steps Therapy Inc Health
    • Covered California Certified Agent - Micah Epps Insurance Agency
    • Micheline Cerra Physician
    • Lisa Wade Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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