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1670 Haight StreetSan Francisco, California
I N V E S T M E N T O P P O R T U N I T Y
Outstanding Location within the Haight-Ashbury Shopping District.
Exceptional Retail Submarket with consistently low vacancy.
Located along one of San Francisco’s busiest retail corridors & tourist destinations.
Extraordinarily high foot-traffic.
Ideal full building opportunity for an owner-user. Current tenant also open to a short-term lease.
Well maintained building that could be easily demised into 2 spaces.
50 Feet of frontage along Haight Street.
Investment Highlights
Densely populated and affluent trade area
Asking Price $4,200,000
Property Address 1670-1672 Haight Street, San Francisco, CA
Occupancy Delivered vacant or with short term lease from current tenant
Building Area 4,250 square feet, per City records
Lot Size 4,373 square feet
1/2 Mile 20,670 $107,709 $1,262,385 78%
1 Mile 72,390 $104,655 $1,235,820 75%
2 Mile 284,165 $96,735 $1,189,445 69%
2018 Population
Median Household Income
Median Home Value
Bachelor's Degree or Greater
1670 Haight Street
FINANCIALDISTRICT
TREASUREISLAND
ANGELISLAND
PRESIDIO
MASONIC AVE
ASHBURY ST
COLE ST
STANYAN ST
PLANNED ~100 UNITRESIDENTIAL
DEVELOPMENT
THE REDVICTORIAN
ROBERT’SHARDWARE
Haight-Ashbury District
San Francisco Tourism
Tenants
The Haight-Ashbury District is world renowned as the birthplace of the Summer of Love counterculture movement and once home to Joplin, Hendrix, Jefferson Airplane and The Grateful Dead. The Haight-Ashbury District is nestled between three parks: Golden Gate Park, the Panhandle, and Buena Vista Park, making it somewhat of an urban oasis. Homes in the area sell for an average of $1.8M and they go fast.
The Haight-Ashbury Shopping District is centered along Haight Street, between Stanyan St & Masonic Ave. Haight Street is lined with high-end vintage clothing stores, exclusive boutiques, famous record stores, trendy shoe stores, various markets, and many hip restaurants and bars. The mix of modern cool, urban chic, and unique, continues to make Haight Street one of the top shopping destinations in San Francisco.
The Haight-Ashbury District also benefits from the estimated 28M annual tourists that come through San Francisco. The SF Visitor Profile Study shows that nearly 25% of all tourists visiting San Francisco will spend time within the Haight-Ashbury neighborhood. Making Haight-Ashbury one of San Francisco’s top tourist destinations.
www.dothebay.com/events/2018/6/10/haight-ashbury-street-fair
Union Square
Haight- Ashbury
Fisherman’s Wharf
Embar- cadero
China town
North Beach
2018 Top Neighborhoods Visited
Property Profile
1670-1672 Haight Street, San Francisco, California 94117.
Centrally located along the busy retail corridor of the Haight-Ashbury District.
The Property is currently occupied by Rasputin Records. The Property can be delivered vacant or with a short-term lease from Rasputin Record.
The Property consists of one (1) parcel containing a total of approximately 4,373 SF (0.1 Acres) of land area, containing one building with a total gross leasable area of 4,250 SF. The Property has approximately 50 feet of frontage along Haight Street.
There is no parking included with the property. Public Parking is available on Haight Street and surrounding areas.
Built in 1904 and renovated in 1990.
No.
The assessor parcel number is 1230-015.
The property is zoned NCD – Haight Street Neighborhood Commercial.
Address
Location
Tenant
Parcel
Parking
Building
Fire Sprinkler
APN
Zoning
1670 Haight Street
Pacific Ocean
University of San Francisco
Golden Gate Bridge
1670 Haight Street
NotableTenantsHeadquartered in San Francisco The City of San Francisco is world-renowned for its colorful
history, quality of life, and dynamic business environment
San Francisco Overview
San Francisco is the center of the nation’s fifth largest metropolitan area with a population of more than seven million
2.2% Unemployment Rate amongst the lowest in the Nation
Over 28 million visitors visited San Francisco in 2018, spending nearly $11 billion
Significant Barriers to Entry due to lack of available space and replacement cost for new construction at above $1,000/square foot
San Francisco remains at the top of investors’ wish-lists as a premier global gateway market.
1670 Haight Street
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
+1 415 772 0162 | [email protected]. 01297374
+1 415 291 1712 | [email protected]. 01455490
ANDREW REEDER
JOSH PETERSON
Investment Contacts