41 Drumm St, San Francisco, CA 94111 For Sale

Commanding a premium San Francisco downtown site, 41 Drumm Street’s proven Financial District location has enjoyed one of California’s longest success stories. Consequently, property values have enjoyed great historical appreciation. For those with foresight to purchase during advantageous real estate cycles, this is especially true.

The low-rise property’s 300-foot height limit should allow it to be redeveloped for a skyscraper in the future (along with adjoining parcels). For a buyer’s reward, windfall profits can result when a small existing structure is purchased at a discount (during a real estate downturn) and later sold based on towering development potential.

7-Eleven leases the building’s ground and lower level until the end of 2028, on a net lease. While the store closed during Covid, tenant conversations occurred regarding a subsequent re-opening. Given San Francisco's economic rebound, this may still happen and the lease expiration should perfectly coincide with market demand.

The second floor is occupied by a technology tenant making the property 100 percent leased.