Property profile

1829 Market St San Francisco, CA 94103

OFF-MARKET
Retail properties & Spaces
5,780 SF Built 1986
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Property summary

AI-generated overview

This exceptional mixed-use commercial condo, located at 1829 Market Street, Suite 1 in San Francisco, CA 94103, presents a unique investment opportunity. The 5,780 square foot property boasts a prime corner location in a vibrant neighborhood, surrounded by Hayes Valley, the Lower Haight, Duboce Triangle, The Castro, and the Mission District. This two-story building features two ground-floor retail spaces with high visibility and expansive windows, ideal for attracting customers. The second floor comprises ten private offices, benefiting from abundant natural light, two bathrooms (one ADA compliant), and a shared pantry. Built in 1986, this meticulously maintained asset offers a strong current NOI of $203,980 and a pro-forma NOI of $229,060, translating to a 6.18% cap rate and a pro-forma cap rate of 6.94%. The asking price is $3,300,000, with a price per square foot of $570.93. The property is zoned NC3 and sits on a 3,437 square foot lot. Its convenient location offers exceptional accessibility to major transportation options including the Central Freeway, Muni, bus, BART, and Caltrain. This owner/user opportunity is perfect for those seeking a well-located, high-performing asset in a thriving San Francisco market with anticipated income growth. The property includes 12 units in total across the two stories.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 5,780 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Psychotherapist
  • Law Firm
  • Atm
  • Psychotherapist Family Counselor
  • Marriage Or Relationship Counselor

Location

1829 Market St San Francisco, CA 94103
San Francisco metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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