1745 Market Street
Property Description
745 Market Street is a 56-unit mixed-use building in San Francisco's Mid-Market neighborhood, comprising 48 residential apartments and 8 retail spaces, with additional income from a billboard and a cell tower. The residential unit mix includes 13 studios, 22 one-bedrooms, 3 two-bedrooms, and 10 SROs — a diversified range of unit types well-suited to the depth of demand this corridor consistently attracts. A significant number of apartments have been recently remodeled with stainless appliances, stone countertops, and LVT flooring. The retail component is anchored by Martuni's, a renowned piano bar and long-standing San Francisco institution, complemented by a laundry café, grocery, and tattoo artist. At approximately 57,448 sq.ft., the property offers meaningful scale for an incoming operator. Located at the convergence of Hayes Valley, the Lower Haight, the Mission District, and Civic Center, 1745 Market Street places residents within walking distance of the city's best dining, shopping, and entertainment. Minutes from Opera Plaza, Davies Symphony Hall, the Asian Art Museum, and The Warfield, the property occupies one of San Francisco's most vibrant and in-demand corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $16,750,000 |
| No. of Units: | 56 |
| Cap Rate: | 6.8% |
| GRM /GIM: | 9.4 |
| Building Size: | 57,448 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $299,107 |
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