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$3,900,000 / 5565ft2 - Office Building (Tech, Medical/Dental, Law, Counseling) (San Francisco)
2305 Van Ness Ave, San Francisco, CA 94109
2305 Van Ness Ave near Vallejo
0BR / sharedBa
5565ft2
available now
QR Code Link to This Post
San Francisco, CA 94109
Office Property For Sale
INVESTMENT HIGHLIGHTS
* Stable Cash Flow: 100% occupied by creditworthy healthcare tenants with long-term tenancy.
* Market Outperformance: 0% vacancy vs. 27.2% peer average, positioning the property as a standout asset in a recovering office market.
* Favorable Market Trends: San Francisco’s office leasing activity surged in 2024, due by AI sector expansion, signaling long-term demand stabilization.
* Value-Add Potential: Two vacant units (Units A and C) offer immediate leasing upside in a submarket where peers average $39.22/SF rents.
* Prime Positioning: High Walk/Transit Scores and proximity to tech hubs like South Financial District, attracting hybrid workforce-friendly tenants.
* Competitive Pricing: Recent sales of other Class C office assets in the area avg. $502/SF, with cap rates of 8.8%, offering attractive entry metrics.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,565 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,782 SF
Slab To Slab
11’
Building FAR
1.60
Lot Size
0.08 AC
Zoning
RC3, San Francisco - Residential, Commercial, Medium Density
AMENITIES
*
TRANSPORTATION
TRANSIT/SUBWAY
Hyde And Vallejo
6 min walk0.4 mi
Hyde And Broadway
7 min walk0.5 mi
Union And Hyde
7 min walk0.6 mi
Hyde And Filbert
8 min walk0.6 mi
Jackson And Hyde
9 min walk0.5 mi
COMMUTER RAIL
San Francisco 4Th & King
6 min drive2.6 mi
San Francisco Caltrain Station Southbound
6 min drive2.7 mi
22Nd Street
8 min drive4.2 mi
22Nd Street Caltrain Station Southbound
8 min drive4.1 mi
Bayshore Caltrain Station
14 min drive7.8 mi
AIRPORT
Metro Oakland International
32 min drive20.6 mi
San Francisco International
25 min drive15.7 mi
PROPERTY TAXES
Parcel Number
0551-004A
Land Assessment
$1,290,759
Improvements Assessment
$322,631
Total Assessment
$1,613,390