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22993833
22993832

1600-1610 Post St, San Francisco, CA 94115

DN
CA CA 01509978
Compass San Francisco
Listed by Compass San Francisco
$6,750,000
410 days on market
Updated 92 days ago

1600-1610 Post Street

Details
APN 0686-052
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 23,263
Units 24
Cap Rate 6.00%
Tenancy Multi
Lease Type Modified
Class C
Year Built 1984
Buildings 1
Stories 3
Lot Size (SqFt) 6,250
Zoning NCD

± 23,263 Sq Ft Mixed-Use Office/Retail Building For Sale

Marketing description

Compass Commercial, as exclusive advisors, is pleased to present a rare opportunity to acquire the fee simple interest in 1600-1610 Post Street, a mixed-use office and retail building prominently located at the northwest corner of Post Street and Laguna Street in the heart of San Francisco’s vibrant and sought after Japantown District.

Constructed in 1984, this well-maintained asset offers approximately 23,263 square feet of space, comprising 22 office suites and 2 ground-floor retail suites. All tenants are responsible for paying CAM (Common Area Maintenance) reimbursements, providing steady income and operational efficiency for ownership. The building is consists of 3 floors and includes a ±4,068 square foot, fully finished, lower level.

Positioned within a 50-X height zoning designation, the property also offers a potential future development opportunity, subject to planning approvals.

Investment highlights

  • Cap Rate: 6.3%

  • Gross Rent Multiplier: 9.8

  • Price Per Square Foot: $290

  • APN: 0686-052

  • Year Built: 1984

  • Building Size: ± 23,263 Square Feet

  • Lot Size: ± 6,250 Square Feet

  • Number of Units: 24 (22 Office Units & 2 Retail Units)

  • Zoning: NCD - Japantown Neighborhood Commercial

  • Height Limit: 50-X

Listing Contacts

DN
CA CA 01509978
Compass San Francisco
Listed by Compass San Francisco

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Additional Information

Name
Davis Nguyen
License
CA 01509978
Brokerage Phone
415-418-4171
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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