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3600 16th St 6,622 SF 100% Leased Retail Building San Francisco, CA 94114 $5,300,000 ($800.36/SF) 5.35% Cap Rate



Investment Highlights
- Located at Market and 16th Street in the Castro, ensuring maximum visibility and traffic.
- Highly walkable location surrounded by top-tier bars, restaurants, and nightlife destinations.
- Offers NNN lease security and long-term tenancy relationships for steady income.
- Home to The Lookout, a well-known bar featuring full kitchen and expansive balcony views.
- Wrap-around balcony provides panoramic views of Market Street and downtown.
- Call listing brokers for more information.
Executive Summary
The Lookout Building, a Castro District landmark, is available for the first time in nearly five decades. Located at the bustling intersection of Market, 16th, and Noe Streets, this high-profile corner property commands exceptional visibility in one of San Francisco’s most dynamic neighborhoods. Featuring four retail spaces anchored by popular tenants and supported by NNN leases, it offers both stability and upside for investors. Tenants include iconic destinations such as The Lookout Bar, El Tucan Mexican Restaurant, and Max Muscle, adding cachet to the asset. The property is engineered for seamless ownership with features like independent meters and individual water heaters, creating low operational complexity. With wrap-around balcony views and proximity to Market Street’s vibrant scene, this investment represents a rare chance to secure a premier retail asset in the heart of the city.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,622 SF
Building Class
C
Year Built
1902
Price
$5,300,000
Price Per SF
$800.36
Cap Rate
5.35%
NOI
$283,510
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.17
Lot Size
0.07 AC
Zoning
RH2
Frontage
Amenities
- Signage
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,425,426 | |
| Land Assessment | $1,406,357 | Total Assessment | $3,831,783 |
Property Taxes
Parcel Numbers
Land Assessment
$1,406,357
Improvements Assessment
$2,425,426
Total Assessment
$3,831,783
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Contact the Sale Advisor
3600 16th St
