650 Sacramento St - Office FOR SALE


San Francisco, CA 94111- Financial District
$2,300,000 USD
415-830-0699
650 Sacramento St, San Francisco, CA for Sale
$2,300,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

650 Sacramento St
San Francisco, CA 94111
Financial District


HIGHLIGHTS

  • Don’t miss out on the chance to acquire a historic boutique office opportunity ideal for repositioning in San Francisco.
  • Central location in the San Francisco Financial District and walking distance to Union Square and Nob Hill, ensuring efficient commutes.
  • Many prominent retailers, restaurants, and conveniences are within walking distance, including Walgreens, Hilton San Francisco, Subway, and more.
  • Broad zoning allows for many different avenues moving forward, perfect for savvy investors and developers seeking their next property.
  • Within 5 miles, the area boasts an impressive average household income of $159,029, while total spending soars beyond $10 billion.

OVERVIEW

Sotheby’s International Realty is presenting the acquisition of 650 Sacramento Street (the “Property”), a charming historic office asset nestled in San Francisco's prestigious Financial District. This four-story, 10,465 +/– square-foot property, built in 1909, seamlessly blends its timeless historic character with its century-old heritage. 650 Sacramento Street presents a blank canvas for investors looking to reposition the building. With the entire space currently vacant, there is immediate potential for leasing to one or multiple tenants, or alternatively, the building offers an appealing opportunity for owner-users seeking to tailor the space to their specific requirements. 650 Sacramento Street offers an ideal opportunity for conversion from office to residential use, providing significant value to a prospective buyer. With its prime location in the heart of San Francisco's Financial District, this property is perfectly suited for redevelopment into luxury residential units, capitalizing on the growing demand for high-end housing in this vibrant area.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Repositioning Opportunity | Downtown

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,688 SF

ZONING

CCB

APN/PARCEL ID

0227-013

ASK ABOUT THIS PROPERTY

Rich LewetzowSotheby's International RealtyMore Info
415-830-0699

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Rich LewetzowSotheby's International RealtyMore Info
415-830-0699

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