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Vacant Repositioning Opportunity | Downtown 650 Sacramento St 10,465 SF Office Building San Francisco, CA 94111 $2,300,000 ($219.78/SF)
Investment Highlights
- Don’t miss out on the chance to acquire a historic boutique office opportunity ideal for repositioning in San Francisco.
- Many prominent retailers, restaurants, and conveniences are within walking distance, including Walgreens, Hilton San Francisco, Subway, and more.
- Within 5 miles, the area boasts an impressive average household income of $159,029, while total spending soars beyond $10 billion.
- Central location in the San Francisco Financial District and walking distance to Union Square and Nob Hill, ensuring efficient commutes.
- Broad zoning allows for many different avenues moving forward, perfect for savvy investors and developers seeking their next property.
Executive Summary
Sotheby’s International Realty is presenting the acquisition of 650 Sacramento Street (the “Property”), a charming historic office asset nestled in San Francisco's prestigious Financial District. This four-story, 10,465 +/– square-foot property, built in 1909, seamlessly blends its timeless historic character with its century-old heritage.
650 Sacramento Street presents a blank canvas for investors looking to reposition the building. With the entire space currently vacant, there is immediate potential for leasing to one or multiple tenants, or alternatively, the building offers an appealing opportunity for owner-users seeking to tailor the space to their specific requirements.
650 Sacramento Street offers an ideal opportunity for conversion from office to residential use, providing significant value to a prospective buyer. With its prime location in the heart of San Francisco's Financial District, this property is perfectly suited for redevelopment into luxury residential units, capitalizing on the growing demand for high-end housing in this vibrant area.
650 Sacramento Street presents a blank canvas for investors looking to reposition the building. With the entire space currently vacant, there is immediate potential for leasing to one or multiple tenants, or alternatively, the building offers an appealing opportunity for owner-users seeking to tailor the space to their specific requirements.
650 Sacramento Street offers an ideal opportunity for conversion from office to residential use, providing significant value to a prospective buyer. With its prime location in the heart of San Francisco's Financial District, this property is perfectly suited for redevelopment into luxury residential units, capitalizing on the growing demand for high-end housing in this vibrant area.
Data Room Click Here to Access
- Offering Memorandum
- Property Information
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Commercial Seller Property Quesitonnaire
- Building Plans
- Zoning
- Title and Insurance
Property Facts
Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Building Size
10,465 SF
Building Class
C
Year Built
1909
Price
$2,300,000
Price Per SF
$219.78
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
2,616 SF
Building FAR
3.89
Lot Size
0.06 AC
Zoning
CCB - CCB
Amenities
- Signage
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0227-013 | Improvements Assessment | $681,932 |
| Land Assessment | $2,051,208 | Total Assessment | $2,733,140 |
Property Taxes
Parcel Number
0227-013
Land Assessment
$2,051,208
Improvements Assessment
$681,932
Total Assessment
$2,733,140
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Vacant Repositioning Opportunity | Downtown | 650 Sacramento St
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