33 Drumm StSan Francisco, CA 94111

  • Office properties
  • 6,288 SF
For Lease

Property Details for 33 Drumm St

Year built
1912
Property size (Sq ft)
6,288 SF
Zone code
C-3-O
Property type
Office properties
Property subtype
Office buildings
APN
0235 -026
APU
235026

Description

This exceptional retail space at 33 Drumm Street in San Francisco's Financial District offers a unique opportunity for businesses seeking a high-visibility location. Previously occupied by Walgreens, this single-tenancy storefront boasts a spacious, modern layout ideal for a variety of retail concepts. The property features high ceilings, abundant natural light, and an open floor plan, creating an inviting atmosphere for customers. A convenient basement adds extra storage or operational space. Its prime location directly across from the Hyatt Regency ensures exceptional foot traffic and visibility within a thriving commercial area. The Financial District's bustling environment provides easy access to numerous amenities, including top-rated restaurants and shops, enhancing customer convenience and attracting a diverse clientele. This property presents an unparalleled chance to establish or expand a business in one of San Francisco's most sought-after commercial districts. The address is 33 Drumm Street, San Francisco, CA 94111. This is a single-tenant retail storefront.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,685,805
    6.5%
    $1,556,128
    7%
    $1,444,976
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,196,901
    Geo Method
    $1,753,786
  • Alternative Use

    Use
    Valuation
    Residential
    $1,929,599
    Hospitality
    $1,767,502
    Educational
    $1,470,541
    Medical
    $1,521,115
    Retail
    $2,287,508
33 Drumm St, San Francisco, California

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7941
Longitude
-122.397
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$20,345
$590,795
$1,016,414
$1,607,209
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FAQs

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