34–38 Mason Street, San Francisco Historic Mixed-Use Asset With Exceptional Flexibility Restaurant • Office • Residential Conversion Potential Discover a rare opportunity in the heart of Downtown San Francisco. 34–38 Mason Street is a timeless 1907 brick-façade building offering a blend of architectural charm and multiple pathways for value creation. Potential options include a full residential conversion (up to 26 units) or a hybrid concept (18 units plus retail). Perfectly situated just steps from Powell Street BART, Market Street transit, Union Square, the Financial District, Moscone Center, and surrounded by a growing AI and tech hub, this property offers exceptional connectivity to the city’s premier retail, hospitality, and employment centers. The ±12,375 sq. ft. building spans three levels and is fully leased, featuring a ground-floor restaurant (beer hall), a second-floor engineering office tenant, and a third floor now leased to Starshot Labs, Inc. at $7,500/month, with a lease in place through May 2027. Zoned C-3-G (Downtown Commercial General)—one of San Francisco’s most flexible zoning designations—the property is principally permitted for residential conversion, allowing for full redevelopment or a mixed-use repositioning strategy. Expansive windows, open floor plates, historic brick details, and high ceilings make the building ideal for adaptive reuse into modern residential or creative workspace environments. Whether maintained as a fully leased mixed-use investment or repositioned for future development, 34–38 Mason Street presents a compelling opportunity combining location, income, flexibility, and long-term upside.