1628 Union St San Francisco, CA 94123
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
UNION · San Francisco, CASan Francisco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.