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2117-2123 Market St
San Francisco, CA 94114
Retail Property For Sale

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EXECUTIVE SUMMARY

NEW ERA HALL: A HISTORIC SAN FRANCISCO LANDMARK
Built in 1906 in the aftermath of the San Francisco Earthquake and Fire, New Era Hall at 2117-2123 Market Street stands as a rare surviving example of early 20th-century mixed-use architecture. Designed by master architect August Nordin, the building originally served as a commercial hub and meeting space for fraternal organizations displaced by the disaster. From 1911 to 1953, it housed the renowned Visalia Stock Saddle Company, a pioneering Mexican-American business instrumental in the development of the modern western saddle. Featuring Craftsman and Classical Revival design elements, as well as an innovative Howe Truss system, New Era Hall is a testament to San Franciscos resilience and architectural heritage.
Located at the crossroads of the Castro and Upper Market neighborhoods, this fully stabilized 8,635-square-foot investment property blends historic charm with modern functionality. Home to established tenants Crossroads Trading Co. and the Academy of Ballet, it offers reliable income in a high-traffic corridor. The top floor features soaring 17+ ceilings, creating a dramatic and flexible space for a variety of uses. With excellent foot traffic, strong public transit access, and proximity to a vibrant mix of retail and dining, this is a rare opportunity to own a piece of San Francisco history while securing a stable long-term asset.

Highlights:
• Stable long term tenants
• 100% occupied
• Prime Upper Market / Castro location
• History building dating back to 1906
• Separate meters
• High soaring ceilings throughout both floors
• Located on busy intersection of Market and Church

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,635 SF
Building Class
B
Year Built
1905
Price
$5,511,200 CAD
Price Per SF
$638.24 CAD
Cap Rate
6.39%
NOI
$352,166 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.80
Lot Size
0.11 AC
Zoning
UPR MARKET
Frontage
52’ on Market St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3543-012
Land Assessment
$2,078,409 CAD
Improvements Assessment
$2,078,409 CAD
Total Assessment
$4,156,817 CAD
  • Listing ID: 37524238

  • Date on Market: 2025-09-03

  • Last Updated:

  • Address: 2117-2123 Market St, San Francisco, CA 94114

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