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30073409
30073410

471 Jessie St, San Francisco, CA 94103

QC
02074286
Marcus & Millichap - San Francisco
Listed by Marcus & Millichap - San Francisco
$1,740,000
97 days on market
Updated 97 days ago

471 Jessie Street | Owner-User Retail & Office Building

Details
Property Type Office, Retail
Sub Type Creative Office, Storefront (+1)
Square Footage 4,650
Net Rentable (SqFt) 4,650
Tenancy Vacant
Pro-Forma Cap Rate 6.01%
Pro-Forma NOI $104,625
Price per SqFt $374
Class C
Year Built 1912
Lot Size (SqFt) 1,750
Investment Type Owner/User

Value Add and/or Owner-User Retail-Office Building

Marketing description

471 Jessie Street presents a compelling opportunity for an owner-user or value-add investor to acquire a mixed-use office and retail building in San Francisco’s SoMa neighborhood. The approximately 4,650 square foot property spans three floors and is serviced by a freight elevator. Most recently configured as two office suites above a ground-floor retail storefront, the building was originally constructed in 1912 and underwent a substantial renovation in 2018.

The property is located on Jessie Street—an alley less than one block from Market Street between 5th and 6th Streets—placing it within immediate proximity to the San Francisco Mint, Union Square, the Moscone Center, and San Francisco Centre (formerly Westfield).

The building will be delivered fully vacant, providing a new owner with complete flexibility to reposition, occupy, or lease the asset to align with evolving market conditions.

Investment highlights

  • Owner-User or Value-Add Opportunity

  • Nearby: San Francisco Mint, SF Chronicle Building, Market Street, Union Square, Moscone Center

  • Improved Retail Space on Ground Floor

Listing Contacts

QC
02074286
Marcus & Millichap - San Francisco
Listed by Marcus & Millichap - San Francisco

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