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Listed by Dan McGue Coldwell Banker Commercial Realty
$9,200,000
Est. payment /mo
20,845 SqFt
Price Dropped by $5.8M
507 Bush ST San Francisco, CA 94108
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 20,845 sqft
Price per Sqft $441
MLS Listing ID 424077189
HOA Y/N No
Year Built 1907
Lot Size 4,220 Sqft
Acres 0.0969
Property Sub-Type Mixed Use
Property Description
507 Bush/347-359-363 Grant Ave is an architecturally attractive mixed-use trophy corner building located in the heart of San Francisco's Union Square/Financial District. It houses The Urban Hotel, a three-story property with 54 rooms. The Urban Hotel is in excellent condition and is operated by Engage Hospitality, LLC, a talented and experienced operator. They have been managing 100% of the daily residential operations since 2017. The first floor offers over 8,000 square feet of prime retail space along Grant Ave, making it ideal for retail businesses seeking high visibility in a superb A+ location. The vacant corner space at 359 Grant Ave is just over 1,000 square feet with excellent signage. There is a beautiful two level retail space located at 363 Grant Ave, ideal for luxury retail shops, which was most recently occupied by Serge Sorokko Gallery and previously by American Apparel and West Coast Leather. This space is currently vacant. The retail spaces benefit from high tourist foot traffic filtering through the famous Dragon Gate directly across the street. The building is flexible and well suited for a variety of buyers, such as legacy investors, exchangers, syndicators, developers, hotel operators, & retail owner/users. The building has been seismically retrofitted.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0286001

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