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33961778
33961777

871 Sutter Street, SF, CA 94109

DN
CA CA 01509978
Compass San Francisco
Listed by Compass San Francisco
Unpriced
4 days on market
Updated 4 days ago

871 Sutter Street

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,195
Tenancy Single
Lease Type NNN
Year Built 1916
Acreage 3436.000
Zoning RC-4
Ground Lease No

100% Leased ±5,195 Square Foot - Best In Class - Restaurant Building For Sale

Marketing description

871 Sutter Street offers investors the opportunity to acquire a freestanding, single-tenant retail building in San Francisco’s Lower Nob Hill neighborhood, fully occupied on a triple-net (NNN) lease by Liholiho Yacht Club, one of the city’s most acclaimed and enduring restaurants. The ±5,195-square-foot building sits on a ±3,436-square-foot parcel with 88 feet of frontage along Sutter Street and includes a rear yard.

The property delivers stabilized, passive income with built-in growth. The tenant has occupied the building since 2014, invested more than $1,000,000 of its own capital into the build-out, and in late 2023 proactively exercised its first five-year extension option. The lease carries fixed 3% annual rent increases through May 2029, followed by a fair-market rent reset and one remaining five-year option.

With a credit-worthy, award-winning operator firmly in place and contractual rent growth, 871 Sutter Street is well suited to a private investor or 1031-exchange buyer seeking durable cash flow in one of the nation’s most supply-constrained urban markets.

Investment highlights

  • Irreplaceable single-tenant asset — freestanding ±5,195 SF building plus rear yard on Sutter Street in Lower Nob Hill, one of San Francisco’s densest and most walkable corridors (Walk Score 100 / Transit Score 100).
  • Long-tenured, committed operator — Liholiho Yacht Club has operated here since 2014 with $1MM+ of tenant-funded improvements still in place. The tenant is NOT vacating — it exercised its first five-year extension in late 2023.
  • True triple-net (NNN) lease — tenant pays all real estate taxes, insurance, utilities, repairs, and maintenance directly. Landlord retains only structure, foundation, roof, and trunk utilities — truly passive ownership.
  • Pride-of-ownership trophy tenant — a nationally recognized, James Beard–nominated restaurant adds prestige and marketing appeal to the asset.

Listing Contacts

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

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Zoning

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RC-4-80-A/PEG-SUD MixedMixed UseResidential Commercial High Density Priority Equity Geographies Special Use District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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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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