44 Gough StSan Francisco, CA 94103

Property Details for 44 Gough St

Year built

1924

Property size (Sq ft)

36,041 SF

Property type

Office properties

Property subtype

Office space

Description

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.

Location Insight

City

San Francisco

County

San Francisco

State

California

Latitude

37.7727

Longitude

-122.421

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