1670 Haight StreetSan Francisco, California

I N V E S T M E N T O P P O R T U N I T Y

Outstanding Location within the Haight-Ashbury Shopping District.

Exceptional Retail Submarket with consistently low vacancy.

Located along one of San Francisco’s busiest retail corridors & tourist destinations.

Extraordinarily high foot-traffic.

Ideal full building opportunity for an owner-user. Current tenant also open to a short-term lease.

Well maintained building that could be easily demised into 2 spaces.

50 Feet of frontage along Haight Street.

Investment Highlights

Densely populated and affluent trade area

Asking Price $4,200,000

Property Address 1670-1672 Haight Street, San Francisco, CA

Occupancy Delivered vacant or with short term lease from current tenant

Building Area 4,250 square feet, per City records

Lot Size 4,373 square feet

1/2 Mile 20,670 $107,709 $1,262,385 78%

1 Mile 72,390 $104,655 $1,235,820 75%

2 Mile 284,165 $96,735 $1,189,445 69%

2018 Population

Median Household Income

Median Home Value

Bachelor's Degree or Greater

1670 Haight Street

FINANCIALDISTRICT

TREASUREISLAND

ANGELISLAND

PRESIDIO

MASONIC AVE

ASHBURY ST

COLE ST

STANYAN ST

PLANNED ~100 UNITRESIDENTIAL

DEVELOPMENT

THE REDVICTORIAN

ROBERT’SHARDWARE

Haight-Ashbury District

San Francisco Tourism

Tenants

The Haight-Ashbury District is world renowned as the birthplace of the Summer of Love counterculture movement and once home to Joplin, Hendrix, Jefferson Airplane and The Grateful Dead. The Haight-Ashbury District is nestled between three parks: Golden Gate Park, the Panhandle, and Buena Vista Park, making it somewhat of an urban oasis. Homes in the area sell for an average of $1.8M and they go fast.

The Haight-Ashbury Shopping District is centered along Haight Street, between Stanyan St & Masonic Ave. Haight Street is lined with high-end vintage clothing stores, exclusive boutiques, famous record stores, trendy shoe stores, various markets, and many hip restaurants and bars. The mix of modern cool, urban chic, and unique, continues to make Haight Street one of the top shopping destinations in San Francisco.

The Haight-Ashbury District also benefits from the estimated 28M annual tourists that come through San Francisco. The SF Visitor Profile Study shows that nearly 25% of all tourists visiting San Francisco will spend time within the Haight-Ashbury neighborhood. Making Haight-Ashbury one of San Francisco’s top tourist destinations.

www.dothebay.com/events/2018/6/10/haight-ashbury-street-fair

Union Square

Haight- Ashbury

Fisherman’s Wharf

Embar- cadero

China town

North Beach

2018 Top Neighborhoods Visited

Property Profile

1670-1672 Haight Street, San Francisco, California 94117.

Centrally located along the busy retail corridor of the Haight-Ashbury District.

The Property is currently occupied by Rasputin Records. The Property can be delivered vacant or with a short-term lease from Rasputin Record.

The Property consists of one (1) parcel containing a total of approximately 4,373 SF (0.1 Acres) of land area, containing one building with a total gross leasable area of 4,250 SF. The Property has approximately 50 feet of frontage along Haight Street.

There is no parking included with the property. Public Parking is available on Haight Street and surrounding areas.

Built in 1904 and renovated in 1990.

No.

The assessor parcel number is 1230-015.

The property is zoned NCD – Haight Street Neighborhood Commercial.

Address

Location

Tenant

Parcel

Parking

Building

Fire Sprinkler

APN

Zoning

1670 Haight Street

Pacific Ocean

University of San Francisco

Golden Gate Bridge

1670 Haight Street

NotableTenantsHeadquartered in San Francisco The City of San Francisco is world-renowned for its colorful

history, quality of life, and dynamic business environment

San Francisco Overview

San Francisco is the center of the nation’s fifth largest metropolitan area with a population of more than seven million

2.2% Unemployment Rate amongst the lowest in the Nation

Over 28 million visitors visited San Francisco in 2018, spending nearly $11 billion

Significant Barriers to Entry due to lack of available space and replacement cost for new construction at above $1,000/square foot

San Francisco remains at the top of investors’ wish-lists as a premier global gateway market.

1670 Haight Street

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+1 415 772 0162 | andrew.reeder@cbre.comLIC. 01297374

+1 415 291 1712 | josh.peterson@cbre.comLIC. 01455490

ANDREW REEDER

JOSH PETERSON

Investment Contacts