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FOR SALE: San Francisco 2nd Floor Office Condo | Owner/User or Investment Opportunity

1628 Union Street, San Francisco, CA 94123

PROPERTY SIZE

3,781 SF

Property highlights

The Lockehouse Investment Sales Team is pleased to exclusively offer for sale a second floor office condo on Union Street. Situated in the heart of the Cow Hollow neighborhood, the office condo offers its owner a desirable San Francisco location with easy access to public transportation, major city thoroughfares, and both bridges, in a charming, updated three-story Victorian. The current mix of medical and spa tenants are on month-to-month leases and the property can be delivered vacant or with tenants, making it ideal for an owner/user or investor.

Property Summary

Address: 1628 Union Street, San Francisco, CA 94123

Building Area: 2,139 SF

Land Area: 3,781 SF

Year Built: 1900

Offering Summary

Price: $1,449,000

Price Per SF: $677

Current Gross Income: $83,502

Ownership: Office Condo

Highlights

  • Limited inventory available on Union Street and in the neighborhood
  • Attractive SBA financing available for owner/user buyers
  • Incredible location in Cow Hollow neighborhood: consistently named as one of the most desirable places to live and best shopping and eating districts in San Francisco
  • Easy access to downtown San Francisco and Marin
  • Strong demographics: $169,024 average household income and population of 112,016 within a 1-mile radius
  • Healthy commercial district in an affluent neighborhood with well- maintained storefronts and buildings
  • Muni service and new Van Ness express bus within walking distance offer easy access to all of San Francisco – Walk Score 98/ Transit Score 89
  • Value Add Opportunity: Current rents are below market

Brokers

Rachel Kram

VICE PRESIDENT OF INVESTMENT SALES

(650) 445-4490

rkram@lockehouse.com

David Kram

MANANGING DIRECTOR OF INVESTMENT SALES

(650) 445-4490

dkram@lockehouse.com

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