For Sale
$15,000,000

507 Bush St San Francisco, CA 94108

Prime San Francisco location, mixed-use investment

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • $15,000,000 asking price.
  • Mixed-use trophy corner building in San Francisco's Union Square/Financial District.
  • 20,845 square feet on a 4,220-acre lot.
  • Prime location across from Chinatown's Dragon Gate, with high foot and vehicle traffic.
  • Includes a 55-room hotel with a 10-year master lease, a long-term leased Starbucks, and high-end retail space with a 3-year rent guarantee.
  • Seismic retrofit completed, 600 AMP electrical service.

Property Details for 507 Bush St

Property type
Specialty properties, Land
Square Feet
20,845 SF
Lot Size (sq. ft)
183,823,200 SF

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7904447
Longitude
-122.4059119

FAQs

What type of property is this?
Specialty property - Prime San Francisco location, mixed-use investment
Where is the specialty property located?
The property is located at 507 Bush St San Francisco, CA.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: $15,000,000 asking price.; Mixed-use trophy corner building in San Francisco's Union Square/Financial District.; 20,845 square feet on a 4,220-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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507 Bush St
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