860 California St - Storefront FOR SALE


San Francisco, CA 94108- Chinatown
$12,000,000 USD
650-644-6544
860 California St, San Francisco, CA for Sale
$12,000,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

860 California St
San Francisco, CA 94108
Chinatown


HIGHLIGHTS

  • FULLY ENTITLED: Delivered with approved entitlements and a streamlined path to construction, significantly de-risking the development timeline.
  • OPTIMAL UNIT MIX: A curated blend of 4 Studios, 14 - 1BR, 11 - 2BR, and 4 - 3BR units catering to a wide demographic of urban professionals.
  • PRIME LOCATION: Situated in Nob Hill, steps from Huntington Park, Grace Cathedral, and the Fairmont Hotel.
  • ARCHITECTURAL SIGNIFICANCE: Designed by renowned Cass Calder Smith bringing the luxury project to life.

OVERVIEW

On behalf of Ownership, Marcus and Millichap is pleased to present the exclusive opportunity to acquire 842 - 860 California Street, a fully entitled development site located in the heart of San Francisco’s iconic Nob Hill neighborhood. This 33-unit luxury condominium project represents a rare chance to develop a mid-rise residential landmark in a submarket defined by extreme barriers to entry and a historical lack of new supply.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$2,633 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,085 SF

ZONING

RM-4

APN/PARCEL ID

0243-027

ASK ABOUT THIS PROPERTY

Jim WrightMarcus & MillichapMore Info
650-644-6544

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Jim WrightMarcus & MillichapMore Info
650-644-6544

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