Mixed-Use in San Francisco Financial District

Highlights:

• 212-214 California Street presents the rare opportunity for a Value-Add Investor or Owner User to acquire a core, generational asset in a terrific location on the California Street cable car line, in the heart of San Francisco’s Financial District.
• Existing tenants are Month-to-Month, providing the Incoming Buyer the benefit of in-place cash flow, or the option to pivot and utilize the property for alternate use.
• The subject property is the smallest building in terms of square footage on this block of California Street, providing significant development upside – as 212-214 California Street retains its air rights.
• With an impressive Walk Score of 99, and a Transit Score of 100, the property is ideally positioned to capture demand from both tenants and customers who prioritize convenience, accessibility, and lifestyle integration.

Description:

RI Marketplace Online Auction July 14 - 16, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2568/mixed-use-in-san-francisco-financial-district?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=mixeduse_2568

212-214 California Street presents the rare opportunity for an owner-user or add-value investor to acquire a core, generational asset with ground-zero location on the California Street cable car line in the heart of San Francisco's Financial District, mere paces from the renowned Tadich Grill, California's oldest continuously operated restaurant and the third oldest in the nation.

Fulifilling one of the most fundamental principles of real estate investing, 212-214 California Street is the smallest building in terms of square footage on this block of California Street and is surrounded by buildings ranging in size from 22,300 to 262,160 square feet. Checking another box of real estate investment principles, the subject property land and improvements extend from its California Street frontage north to Halleck Alley immediately behind the subject; a block-to-block site. Additionally, 212-214 California Street retains its air rights, allowing for th future vertical development of the site.

The building's frontage on Halleck Alley may allow for an additional retail storefront or office space facade, examples of which are directly adjacent to the subject property and across Halleck Alley in the former McDonald's location. The viability of a storefront on Halleck Alley allows for flexibility in demising the ground floor spae of the subject property in the future. The subject property's two existing tenant lease terms are month-to-month, allowing the building to be delivered unoccupied to an owner-user or add-value investor. The financial models included in this offering demonstrate the viability of 212-214 California Street to an owner-user in lowering and fixing occupancy costs below levels of leasing equivalent office or retail space in the Financial District of equivalent submarkets.

212-214 California Street is a high-identity building ideally suited to boutique financial services, legal, AI, architectural/design, retailer, or similar firms looking to enhance their branding and company image by locating in the heart of San Francisco's Financial District.


Emilio Lemeni
c/o Fisher Auction Company Inc.
License: 00961384

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