For Sale
$3,395,000

882 Geary StSan Francisco, CA 94109

Prime San Francisco location, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 9,197 square foot executive office building at 882 Geary Street in San Francisco, CA 94109 presents a compelling investment opportunity. Boasting a 6.14% cap rate and a strong net operating income (NOI) of $208,605, this fully renovated mixed-use property offers significant potential. The building, constructed in 1916 and extensively renovated in 2017, features 24 units spread across eight stories, situated on a substantial 4.778-acre lot (APN 0302-014). The property is zoned RC-4, allowing for flexible use. Interior highlights include high ceilings, modern meeting rooms with glass fronts, high-end architectural lighting, hardwood floors, and skylights. The building also benefits from updated amenities such as ADA-compliant restrooms (2017 renovation), a new HVAC system, a 3-phase, 400-amp electrical system, and a fully sprinklered system, meeting Title 24 and ADA compliance standards. Its prime Lower Nob Hill location, neighboring Polk Gulch and close to CPMC Hospital, offers easy access to public transportation, City Hall, the Theater District, and Union Square. The large lower level and 80-foot height limit present further development potential. This property is ideal for owner-users seeking flexible commercial space in a vibrant urban setting. The asking price is $3,395,000 ($369/sq ft).

Highlights

  • Fully renovated mixed-use building.
  • Excellent owner-user opportunity with flexible commercial space.
  • Significant development potential.
  • Spacious lower level.
  • High ceilings throughout.
  • Modern glass-fronted meeting rooms.

Property Details for 882 Geary St

Property type
Retail properties, Office properties
Square Feet
9,197 SF
Year Built/Renovated
1916/2017
Stories
8
Lot Size (sq. ft)
208,129,680 SF
Units
24

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.786346
Longitude
-122.417807
882 Geary St, San Francisco, California

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882 Geary St
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