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Seiki Lee Building 1610 Post St 23,263 SF 96% Leased Office Building San Francisco, CA 94115 $6,750,000 ($290.16/SF)



Investment Highlights
- Cap Rate: 6.3%
- Price Per Square Foot: $290
- Zoning: NCD - Japantown Neighborhood Commercial
- Gross Rent Multiplier: 9.8
- Number of Units: 24 (22 Office Units & 2 Retail Units)
Executive Summary
Constructed in 1984, this well-maintained asset offers approximately 23,263 square feet of space, comprising 22 office suites and 2 ground-floor retail suites. All tenants are responsible for paying CAM (Common Area Maintenance) reimbursements, providing steady income and operational efficiency for ownership. The building is consists of 3 floors and includes a ±4,068 square foot, fully finished, lower level.
Positioned within a 50-X height zoning designation, the property also offers a potential future development opportunity, subject to planning approvals.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office Suite on 2nd Floor Prime Location in Japantown Strong Tenant Mix of Established Businesses and Professional Offices Elevator Common Restrooms Shared Outdoor Deck Area
Office Suite on 3rd Floor Prime Location in Japantown Strong Tenant Mix of Established Businesses and Professional Offices Elevator Common Restrooms Shared Outdoor Deck Area
Office Suite on 3rd Floor Prime Location in Japantown Strong Tenant Mix of Established Businesses and Professional Offices Elevator Common Restrooms Shared Outdoor Deck Areaa
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 208 | 400 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 301 | 300 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 302 | 340 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 208
| Size |
| 400 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 301
| Size |
| 300 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 302
| Size |
| 340 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 208
| Size | 400 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office Suite on 2nd Floor Prime Location in Japantown Strong Tenant Mix of Established Businesses and Professional Offices Elevator Common Restrooms Shared Outdoor Deck Area
3rd Fl-Ste 301
| Size | 300 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office Suite on 3rd Floor Prime Location in Japantown Strong Tenant Mix of Established Businesses and Professional Offices Elevator Common Restrooms Shared Outdoor Deck Area
3rd Fl-Ste 302
| Size | 340 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office Suite on 3rd Floor Prime Location in Japantown Strong Tenant Mix of Established Businesses and Professional Offices Elevator Common Restrooms Shared Outdoor Deck Areaa
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,974,381 | |
| Land Assessment | $2,947,961 | Total Assessment | $7,922,342 |
Property Taxes
Presented by
Seiki Lee Building | 1610 Post St
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