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- LoopNet Team
532 Sutter St
San Francisco, CA 94102
Sutter Place · Property For Lease
HIGHLIGHTS
- Rare opportunity to acquire a historic building in Union Square, formerly home to San Francisco Playhouse Theatre
- Cannabis Storefront & Consumption Permitted - issued a permit for both storefront and consumption (best location in Union Square)
- Recovering Tourist Market - Hotel occupancy up 48% for this same time last year
- Flagship Union Square Location - heavily trafficked location with over 12,000 hotel rooms
- Limitless Potential - Retail, art gallery, entertainment, multifamily, hospitality, restaurant, rooftop bar, and/or cannabis dispensary
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 17,160 SF |
| Property Subtype | Storefront | Year Built/Renovated | 1910/2016 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 17,160 SF |
| Year Built/Renovated | 1910/2016 |
ABOUT THE PROPERTY
Stream Realty Partners is pleased to present For Sale or Lease 532-536 Sutter Street in San Francisco’s premier Union Square District. The historical asset, previously home to San Francisco Playhouse, boasts tremendous demographics; in a 10-mile radius, there are 1,500,000 people with an average household income of $144,000. The property is zoned as Downtown Retail and has limitless potential: retail, art gallery, entertainment, multifamily, hospitality, restaurant, and/or cannabis dispensary. The building, constructed in 1910 and recently seismically retrofitted, offers three stories and a sizable basement totaling 16,596 SF. This flagship retail location is near the Sutter and Powell intersection and has great access via bus and cable car, both of which are less than 150’ from the front doors. The iconic building has beautiful, exposed brick walls, penthouse office, and rooftop bar potential. Union Square is a major tourist destination in San Francisco, offering one of the largest collections of department stores, upscale boutiques, and art galleries in the United States. It contains 12,000 hotel rooms, 70,000 daytime employees, and roughly 650 buildings. The tenants include the highest end brands in retail: Gucci, Hermes, Tiffany, Neiman Marcus, etc. The property has been issued a permit for cannabis retail and/or consumption. Due to sensitive use restrictions, there are only five cannabis retailers in Union Square, none of which have a consumption lounge.
- Signage
