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Investment Highlights

  • Rare opportunity to acquire a stabilized commercial condominium.
  • Excellent exposure in a high-traffic corridor.
  • Features 3-phase, 400-amp electrical service.
  • Modern mixed-use building built in 2015.
  • Fully sprinklered for fire suppression.
  • Fully built out commercial kitchen.

Executive Summary

248 9th Street presents the opportunity to acquire a fully leased ground-floor retail condominium in San Francisco's South of Market (SoMa) neighborhood. Situated within a modern mixed-use building completed in 2015, the property consists of approximately 2,729 square feet and is occupied by Heyma Yemeni Coffee under a long-term lease structure that provides immediate in-place income. The asset benefits from a fully built-out café and commercial kitchen configuration, including hood systems, refrigeration infrastructure, three-phase power, and a fully sprinklered environment. These improvements create a functional retail footprint designed to support food and beverage operations while reducing future tenant improvement requirements. The property's frontage along 9th Street provides strong visibility within an established commercial corridor serving nearby residents, office users, and visitors throughout the SoMa district. South of Market remains one of San Francisco's most active mixed-use neighborhoods, characterized by a blend of residential development, employment centers, hospitality venues, and neighborhood-serving retail. The property's location offers convenient access to major downtown destinations and is surrounded by a broad collection of restaurants, cafés, and entertainment venues that contribute to consistent pedestrian activity and neighborhood engagement. For investors seeking stable income with operational infrastructure already in place, 248 9th Street offers a leased retail asset with a single tenant occupancy profile, established cash flow, and positioning within a recognized San Francisco urban submarket. The property's combination of long-term tenancy, modern construction, and visibility along a prominent neighborhood corridor supports its appeal as a retail investment opportunity.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 248
  • 2,729 SF
  • Retail
  • $1,793,038 CAD ($657.03 CAD/SF)
  • -
Sale Type Investment
Description
A ground-floor commercial condominium totaling approximately 2,729 square feet of retail space situated within a modern mixed-use building built in 2015. The space is fully built out as a cafe and commercial kitchen with hoods and refrigeration, and is 100% leased to Heyma Yemeni Coffee.
Sale Notes
Rare opportunity to acquire a stabilized commercial condominium in one of San Francisco's most active neighborhoods, providing immediate cash flow with a long-term established retail tenant.
Unit Unit Size Condo Use Price NOI
Unit 248 2,729 SF Retail $1,793,038 CAD ($657.03 CAD/SF) -

Unit 248

Unit Size
2,729 SF
Condo Use
Retail
Price
$1,793,038 CAD ($657.03 CAD/SF)
NOI
-

Unit 248

Unit Size 2,729 SF
Condo Use Retail
Price $1,793,038 CAD ($657.03 CAD/SF)
NOI -
Sale Type Investment
Description
A ground-floor commercial condominium totaling approximately 2,729 square feet of retail space situated within a modern mixed-use building built in 2015. The space is fully built out as a cafe and commercial kitchen with hoods and refrigeration, and is 100% leased to Heyma Yemeni Coffee.</li></ul>
Sale Notes
Rare opportunity to acquire a stabilized commercial condominium in one of San Francisco&#39;s most active neighborhoods, providing immediate cash flow with a long-term established retail tenant.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 14,430 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 4
Typical Floor Size 2,729 SF
Year Built 2015
Lot Size 0.12 AC
Zoning RCD - Residential- Commercial

Amenities

Site Amenities

  • On-Site Retail

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 15 - -
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 41859465

  • Date on Market: 2026-08-24

  • Last Updated:

  • Address: 252 9th St, San Francisco, CA 94103

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