438-440 Broadway - Storefront Retail/Residential FOR SALE


San Francisco, CA 94133- Telegraph Hill
$2,800,000 USD
415-240-9150
438-440 Broadway, San Francisco, CA for Sale
$2,800,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 4.25% Cap Rate

438-440 Broadway
San Francisco, CA 94133
Telegraph Hill


HIGHLIGHTS

  • Prime Broadway Corridor location surrounded by retail, nightlife, and heavy pedestrian activity.
  • Significant income upside with potential gross income of $350,000
  • Walker’s Paradise address with unmatched access to neighborhood amenities

OVERVIEW

Offered exclusively, 438–440 Broadway presents a rare opportunity to acquire a mixed-use asset in one of San Francisco’s most dynamic and historically rich corridors. Situated along the iconic Broadway Corridor in North Beach, this property places investors at the center of a district defined by constant foot traffic, strong tourism activity, and a vibrant blend of retail, nightlife, and residential demand. With a Walk Score of 100, the location provides immediate access to surrounding restaurants, transit, retail amenities, and some of the city’s most recognizable cultural landmarks. The building consists of 39 total units, including 37 residential hotel-style units and two commercial storefronts that benefit from a daily traffic count exceeding 22,000 vehicles. This configuration positions the asset as an exceptionally flexible investment with multiple pathways for long-term value creation. Currently operating with notable vacancy and operational inefficiencies, the building presents a substantial value-add profile where stabilization, renovation, and management optimization can unlock significant income growth. As outlined in the financial analysis, the property’s actual income of $199,432 stands well below its projected potential of $350,000, offering an estimated 43 percent upside through lease-up and improved operational strategies. Surrounding demographic data reinforces the location’s appeal, with average household incomes exceeding $140,000 within a two-mile radius and more than 360,000 employees in the immediate employment basin. The Broadway/North Beach environment remains one of San Francisco’s most trafficked lifestyle districts, drawing both local and visitor spending across its retail, dining, entertainment, and cultural venues. For investors seeking a well-located San Francisco asset with meaningful repositioning potential, 438–440 Broadway delivers a compelling blend of location strength, income upside, and long-term redevelopment or modernization optionality.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,325 SF

ZONING

NCD, San Francisco

APN/PARCEL ID

0144-011

ASK ABOUT THIS PROPERTY

Fadi RabadiIntero CommercialMore Info
415-240-9150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Fadi RabadiIntero CommercialMore Info
415-240-9150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.