74 New Montgomery St, Unit C1 San Francisco, CA 94105-3411
- Commercial real estate
- 2,246 SF
Current Use by Public Records
- Dr. William C. Mc Farland, MD / Physician
- Red Carpet Event Photo Booth Rentals / Party Supply Store / Rental Equipment Company
- Thomas Blurock Architects / Architect
- 74 New Montgomery Owners Association / Home Health Care Service
- The Montgomery Condo / Condominium Complex
Property Details for 74 New Montgomery St
- Year built
- 1907
- Property size
- 2,246 SF
- Zone code
- C-3-O(SD)
- Property type
- Commercial real estate
- APN
- 3707 -064
- APU
- 3707064
Description
This exceptional retail opportunity is located at 74 New Montgomery Street in San Francisco's vibrant South of Market (SoMa) neighborhood. The property offers a total of 3,208 square feet of vacant retail space, divisible into units ranging from a minimum of 962 square feet to a maximum contiguous space of 2,246 square feet. This presents a unique chance for businesses seeking flexible space options in a dynamic and rapidly growing area. SoMa, once a predominantly industrial district, has undergone a significant transformation, evolving into a thriving hub of activity. The area now boasts a diverse mix of businesses, including fine dining establishments, museums, artisan coffee shops, luxury hotels, and various entertainment venues. This blend of residential, commercial, and cultural attractions creates a high-traffic environment, ideal for businesses seeking maximum exposure and customer interaction. The property's location within San Francisco County, specifically at the 94105 zip code, ensures easy access to major transportation routes and a large, diverse customer base. This is a rare chance to establish a presence in one of San Francisco's most sought-after and rapidly developing neighborhoods. The property is currently entirely vacant, offering immediate occupancy for the successful tenant. The flexible space options allow for customization to suit a variety of business needs and sizes. Don't miss this opportunity to secure your place in the heart of San Francisco's SoMa district.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $835,000
- 6.5%
- $770,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $690,000
Market price range: $461k - $691k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $960,000 Current use
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Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.401
- Latitude
- 37.7875
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA