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33682473
33682472

215 Church Street, San Francisco, CA 94114

AB
CA CA 02076033
Engel & Volkers San Francisco
MJ
CA 01370461
Engel & Volkers Commercial - Pacific West Advisory Group
Listed by Engel & Volkers San Francisco, Engel & Volkers Commercial - Pacific West Advisory Group
$3,850,000
2 days on market
Updated 2 days ago

215 Church Street

Details
APN 3544-064
Property Type Mixed Use, Multifamily (+1)
Sub Type Restaurant, Apartment Building
Square Footage 5,674
Units 3
Cap Rate 6.30%
NOI $241,858
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.80%
Pro-Forma NOI $259,900
Price per SqFt $679
Year Built 1905
Buildings 1
Stories 3
Lot Size (SqFt) 3,123
Zoning NCT
Parking Spaces 0 spaces
Investment Type Stabilized

Mixed Use | 6.30% CAP | 5,674 SqFt

Marketing description

215-219 Church Street presents a rare opportunity to acquire a fully leased, mixed-use investment property in the heart of San Francisco's highly desirable Mission Dolores neighborhood. Consisting of a well-established ground-floor restaurant and two spacious residential flats above, the property offers stable cash flow, exceptional in-place rents, and minimal management responsibilities.

The ground floor is occupied by The Rustic, a popular neighborhood restaurant that completed a substantial renovation of the space and recently executed a new 10-year lease, providing long-term income security for ownership. In addition to base rent, the restaurant reimburses approximately $2,500 per month in NNN expenses and pays directly for its utilities. The restaurant features an inviting dining room, full commercial kitchen, bar area, outdoor patio seating, rear storage, and access to a large basement storage area.

The upper floors consist of two large 4-bedroom, 1.5-bath residential flats that are fully occupied at strong market rents. Both units feature updated kitchens and bathrooms, spacious floorplans, abundant natural light, and attractive finishes that continue to attract quality tenants.

The property has been well maintained and requires little day-to-day oversight. Tenants pay their own utilities, reducing operating expenses and contributing to the property's strong cash flow profile. Recent improvements include a freshly painted front facade, further enhancing curb appeal and minimizing near-term capital requirements.

For investors seeking a stabilized, low-maintenance asset in one of San Francisco's most vibrant neighborhoods, 215-219 Church Street offers an attractive combination of long-term income, quality tenancy, and pride of ownership.

Investment highlights

  • Fully leased mixed-use investment with strong current cash flow
  • New 10-year restaurant lease provides long-term income stability
  • Restaurant reimburses approximately $2,500/month in NNN expenses
  • Tenants pay utilities, reducing operating expenses and management burden
  • Two fully leased 4Bd/1.5Ba residential units with exceptional rents
  • Well-maintained, turnkey asset with recent exterior improvements
  • Low-maintenance ownership profile with minimal capital needs
  • Premier Mission Dolores location near Market Street and major transit corridors

Listing Contacts

AB
CA CA 02076033
Engel & Volkers San Francisco
MJ
CA 01370461
Engel & Volkers Commercial - Pacific West Advisory Group
Listed by Engel & Volkers San Francisco, Engel & Volkers Commercial - Pacific West Advisory Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$241,858.00
$20,154.83/mo

Valuation Metrics

0
DSCR
6.28%
Cap Rate
6.28%
ROI

Map

Zoning

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NCT-UPPER-MARKET-50/85-R-4 CommercialNeighborhood CommercialUpper Market Neighborhood Commercial Transit
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Last updated Jun 10, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Andrew Black
License
CA 02076033
Brokerage
Engel & Volkers San Francisco
Brokerage Phone
509-638-8538
Title
Senior Advisor
Brokerage Address
2200 Union Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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