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Description

Office Property in Exclusive Location.

1965-1967 Market St San Francisco, CA 94103 15,300 SF 45% Leased Office Building For Sale

INVESTOR EXECUTIVE SUMMARY

We are pleased to present 1965 Market for lease AND for sale. The building was designed in 1924 by San Francisco based architect Walter Charles Falch.

1965 Market is a unique opportunity for an owner/user, or value add investor to acquire a property in the center of San Francisco, with the rare addition of an on-site parking lot. Located on San Francisco’s central business thoroughfare, Market Street, this building benefits a close proximity to nearby amenities in Hayes Valley, Duboce Triangle, and Mission Dolores. Access to I-80 and 101 are within two blocks of the 1965 Market, providing convenience for commuters and locals alike. The retail space on the ground floor offers owners an opportunity for supplemental income. This project is fully-entitled for 96 units.

1965 Market has been a marquee, historical fixture on the market street corridor since the early 20th century. For lease, we are looking for specific users that add to the intrinsic identity of the building and enhance the neighborhood.

We welcome all uses and will happily discuss options with anyone showing interest.

OFFICE INVESTMENT HIGHLIGHTS

Office Property in Exclusive Location
Unique investment or owner user opportunity.
On-site parking.
Access to I-80 and Highway 101.
Fully entitled for 96 units.
Close proximity to nearby amenities in Hayes Valley, Duboce Triangle, and Mission Dolores.

FINANCIAL SUMMARY (ACTUAL – 2022)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$765,000	$50.00
Other Income	–	–
Vacancy Loss	–	–
Effective Gross Income	$765,000	$50.00
Net Operating Income	–	–

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Office
Building Size 15,300 SF
Building Class B
Year Built 1980
Percent Leased 45%
Tenancy Multiple
On-site parking

Building Height 3 Stories
Typical Floor Size 5,100 SF
Building FAR 0.76
Lot Size 0.46 AC
Zoning NCT-3 – Moderate Scale Neighborhood Commercial Transit District
Parking 24 Spaces (1.57 Spaces per 1,000 SF Leased)