For Sale
$12,800,000

44 Gough StSan Francisco, CA 94103

Prime San Francisco office, mixed-use investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 36,041 square foot creative office building, located at 44 Gough Street in San Francisco's vibrant Hayes Valley neighborhood, presents a compelling investment opportunity for both owner-users and investors. Built in 1924, this three-story building sits on a 25,750 square foot lot and offers significant upside potential. Currently at 60% occupancy, the property provides immediate cash flow with the opportunity to increase revenue by leasing vacant suites. The building features 33 on-site parking spaces, a rare amenity for a building of this size. The NCT-3 Downtown General Commercial zoning allows for flexibility in use, accommodating various business operations, including office and flex space. Substantial capital improvements have been made, and the sizable lot presents future development possibilities. Its strategic location at the entrance to Hayes Valley ensures excellent visibility and accessibility, benefiting from high foot and vehicle traffic. The property's mixed-use zoning supports neighborhood-serving commercial uses on lower floors with residential potential above, aligning with the area's walkable and transit-oriented character. The asking price is $12,800,000, with a price per square foot of $355.

Highlights

  • High-visibility location at the entrance to Hayes Valley, San Francisco, with excellent foot and vehicle traffic.
  • 60% occupancy allows for immediate cash flow with upside potential through leasing vacant suites.
  • Substantial capital improvements recently completed.
  • Significant future development potential on a 25,750 square foot lot.
  • Flexible space suitable for office, flex, and other uses, accommodating diverse business needs.
  • Rare amenity of 33 on-site parking spaces.

Property Details for 44 Gough St

Property type
Office properties, Office space
Square Feet
36,041 SF
Year Built
1924
Stories
3

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.772735
Longitude
-122.4211097
44 Gough St, San Francisco, California

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44 Gough St
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