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Shalimar Restaurant Available For Sale

$875,000

530 Jones Street, San Francisco, CA 94102

Active
Last Updated: 08/22/2025

10.2

Cap Rate

89,262.77

NOI

Details:
Cap Rate:    10.2%
NOI:    $89,262.77
Building Size:    4,110 sqft
Year Built:    1950
Price Per Sqft:    $213
Highlights:
  • Restaurant Building Plus Unwarranted Residential Space
  • Longstanding, Well-Known Shalimar Restaurant Tenant
  • Over 20 Years of Successful Operation at this Location
  • Residential Space on Master Lease with Restaurant Tenant
  • High Foot Traffic in Downtown Corridor
  • Excellent Transit Access Nearby
  • Fully Leased with Great Return
  • Prime Opportunity for Investor or Owner / User
  • Strong Neighborhood Visibility and Presence
Description:

Introducing an exceptional opportunity for retail and street retail investors: a 4,110 SF building in the heart of San Francisco. Built in 1950 and zoned RC-4, this property boasts 100% occupancy and a longstanding, well-known Shalimar Restaurant tenant with over 20 years of successful operation at this location. The property features unwarranted residential space on a master lease with the restaurant tenant, offering a prime opportunity for investors or owner/users. With high foot traffic and excellent transit access nearby, this fully leased property presents a strong neighborhood visibility and a great return on investment.

Location Description
Located in the heart of Downtown San Francisco just a few blocks from Union Square, this property benefits from excellent walk, transit, and bike scores—a walker's and rider’s paradise. The area remains culturally vibrant and densely trafficked, anchored by legacy businesses like Shalimar, supported by Muni and BART access, and situated amid growing commercial and residential activity.

Map:
Documents:
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