USACASan Francisco1939 Divisadero Street

1939 Divisadero Street, San Francisco, CA

Name: 1939 Divisadero Street, For Sale in San Francisco - Zoocasa
Brand: Engel & Voelkers San Francisco
SKU: 426142225
Price: 3500000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,500,000

000

MLS® 426142225

Overview

Key Facts

Type Office

Levels Commercial Sale

Size 7179 sqft

Garage

Taxes

Days Active 2

Lot Size 0.0726 Acres

Approx. Age 1923

Avg. Price Per Sqft $487

MLS® Number 426142225

Property Address: 1939 Divisadero Street, San Francisco, CA, 94115

Average square foot calculated using Size range provided by listing agent.

Description

1939 Divisadero Street presents a rare opportunity to acquire a turnkey, income-producing office investment in one of San Francisco's most established and centrally located neighborhoods. Originally constructed as an apartment building and thoughtfully converted into professional office suites, the property consists of 24 individual office spaces and one ground-floor retail suite. The tenant roster is comprised primarily of therapists and counseling professionals, a highly desirable tenant base known for long-term occupancy, low turnover, and consistent demand. For investors seeking the stability typically associated with multifamily ownership, 1939 Divisadero offers many of the same benefitsnumerous small tenants, diversified income streams, and resilient occupancywithout the constraints of residential rent control. The result is a property that combines the predictability of apartment-style cash flow with the flexibility and income growth potential of commercial real estate. The building has been meticulously maintained and professionally managed, reflecting pride of ownership throughout. Current management may be available to remain in place, providing a seamless transition for a new owner. With only three office vacancies, the property generates a legitimate in-place 6.5% capitalization rate while still offering future upside through rental growth. The flexible lease structure provides optionality for both investors and owner-users, allowing a future owner the opportunity to occupy space while maintaining substantial income from the existing tenant base. This combination of immediate cash flow, occupancy flexibility, and long-term appreciation potential is increasingly difficult to find in today's investment market. Architecturally, the property retains the timeless character and charm of its residential origins while offering modern functionality for professional users. In turnkey condition and strategically positioned along the Divisadero corridor, 1939 Divisadero is a compelling investment opportunity that delivers strong current returns, operational stability, and future value creation potential.

MLS® Number426142225

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1923

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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