2 Geary StSan Francisco, CA 94108

  • Retail properties
  • 3,080 SF
For Lease

Property Details for 2 Geary St

Year built
1908
Construction
TILT-UP CONCRETE
Lot size
0.02 AC
Property size (Sq ft)
3,080 SF
Zone code
C3O
Property type
Retail properties
Property subtype
Retail space
APN
0310 -006
APU
310006

Description

This exceptional 550-square-foot retail space is ideally situated at 2 Geary Street in the heart of San Francisco, California, zip code 94108. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of businesses. The entire 550 square feet is currently vacant, providing immediate occupancy for a prospective tenant. Located in San Francisco County, this property presents a unique opportunity to establish a presence in a vibrant and high-traffic area. The address, 2 Geary Street, offers excellent visibility and accessibility for customers. The property's classification is retail commercial, making it suitable for a variety of retail ventures. Its convenient location within San Francisco provides easy access to public transportation and a diverse customer base. This single-tenant space offers flexibility in design and layout, allowing for customization to meet the specific needs of the new occupant. The property is ready for immediate possession, eliminating any waiting period for occupancy. This presents a rare chance to secure a prime retail location in a highly sought-after area of San Francisco. The property's size is perfectly suited for a boutique store, a specialty shop, or a variety of other retail businesses. Its location on Geary Street ensures high foot traffic and visibility, maximizing potential for success. This is an excellent opportunity for businesses seeking a prominent location in a thriving San Francisco neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,213,844
    6.5%
    $1,120,472
    7%
    $1,040,438
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,477,396
    Geo Method
    $2,164,788
  • Alternative Use

    Use
    Valuation
    Residential
    $945,160
    Hospitality
    $865,761
    Educational
    $720,303
    Medical
    $745,075
    Retail
    $1,120,472
2 Geary St, San Francisco, California

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7881
Longitude
-122.404
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
$54,358
$2,400,000
$1,600,000
$4,000,000
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-
-
-

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