1000 Van Ness AveSan Francisco, CA 94109

  • Retail properties
  • 49,614 SF
For Lease
$23.88/SF/YR View listing

Property Details for 1000 Van Ness Ave

Year built
1920
Construction
WOOD
Property size (Sq ft)
49,614 SF
Zone code
RC4
Property type
Retail properties
Property subtype
Retail space
APN
0715 -014
APU
715014

Description

This iconic San Francisco property, 1000 Van Ness Ave, offers a unique blend of historic charm and modern amenities. Originally built in 1920 by Weeks and Day, this 133,000-square-foot mixed-use complex boasts a rich history, having served as a prominent Cadillac dealership before its conversion into a thriving hub. Currently, the building features a state-of-the-art, 74,000-square-foot multi-screen movie theater—the first of its size built in San Francisco in over two decades. Additional amenities include a 28,000-square-foot health club, 7,500 square feet of retail space, and 14,000 square feet of office space, catering to diverse business needs. Seven retail spaces are currently available, ranging from 3,325 to 92,724 square feet. The building also includes 50 luxury loft condominiums and a 450-car garage. Located in San Francisco County, at the corner of Van Ness Avenue and O'Farrell Street, this prime location offers excellent visibility and accessibility. The property benefits from a signalized intersection, convenient public transportation access via Muni, Caltrain, and BART lines, and proximity to numerous educational institutions, restaurants, and shopping options. Building features include air conditioning and a security system. This is a truly exceptional opportunity to secure space in a landmark San Francisco building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,553,138
    6.5%
    $18,049,050
    7%
    $16,759,832
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,798,552
    Geo Method
    $34,871,360
  • Alternative Use

    Use
    Valuation
    Residential
    $15,225,049
    Hospitality
    $13,946,063
    Educational
    $11,602,961
    Medical
    $12,002,004
    Retail
    $18,049,050
1000 Van Ness Ave, San Francisco, California

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7851
Longitude
-122.421
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
$146,047
$7,440,000
$4,960,000
$12,400,000
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