507 Bush St San Francisco, CA 94108-3603

This architecturally appealing mixed-use building, located at the corner of Bush and Grant Streets in San Francisco's Union Square/Financial District, presents a unique investment opportunity. The property encompasses 20,845 square feet on a 4,220-acre lot and includes a 55-room hotel (The Urban Hotel) operating under a 10-year master lease with an experienced operator, Engage Hospitality LLC, since 2017. The hotel offers budget-friendly accommodations, including various room types. The first floor boasts over 8,000 square feet of prime retail space, currently featuring a high-volume Starbucks with a long-term lease extension and a vacant, two-level space (previously occupied by Serge Sorokko Gallery and American Apparel) with a 3-year NNN rent guarantee. The building benefits from a high-traffic location across from the iconic Dragon Gate, near Chinatown, Union Square, and public transportation. Easy freeway access connects to the Peninsula and East Bay. The building has undergone a seismic retrofit and features 600 AMP electrical service. This property is ideal for a variety of buyers, including legacy investors, exchangers, syndicators, developers, hotel operators, and retail owner/users. The asking price is $15,000,000.