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Investment Highlights

  • Prime Castro Location: Steps from Market Street, heavy foot traffic, and public transit
  • Massive Power Capacity: 600-amp, 3-phase—rare for small mixed-use buildings

Executive Summary

Blatteis Realty is pleased to present this incredible investment opportunity in the heart of San Francisco’s iconic Castro District! Two buildings comprised of 3,000 total square feet sit on a 2,500 square foot lot that features a stunning exterior facade, massive power for the commercial space-600 amp, 3-phase, and a courtyard. Built in 1900, this historic property seamlessly blends charm with modern upgrades.

The building is comprised of a ground floor commercial space spread out over two structures, and a vacant second-floor residential unit with two bedrooms, one bathroom and bonus room that has been used as a third bedroom. Short-term leases make this an attractive owner-user opportunity. This property offers excellent income potential and a strategic location in one of the city’s most culturally rich and historic neighborhoods.

Located a block away from Market Street, the property benefits from heavy foot traffic, proximity to public transportation, and access to the Castro’s thriving shopping, dining and entertainment scene. Don’t miss the chance to own this turnkey investment in a highly sought-after San Francisco market.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
B
Year Built
1900
Price
$2,209,458 CAD
Price Per SF
$736.49 CAD
Cap Rate
5.13%
NOI
$113,388 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.06 AC
Zoning
UPR MARKET - commercial retail
Frontage
26’ on Noe St
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

SoulCycle
Barry's
Philz Coffee
Bank of America
Citi
Bank of Montreal
Wells Fargo Home Mortgage
Chase Bank
Peet's Coffee
IGA

Property Taxes

Property Taxes

Parcel Number
3564-087
Land Assessment
$1,428,975 CAD
Improvements Assessment
$952,646 CAD
Total Assessment
$2,381,621 CAD
  • Listing ID: 36726931

  • Date on Market: 2025-07-14

  • Last Updated:

  • Address: 327-329 Noe St, San Francisco, CA 94114

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