507 Bush Street

San Francisco, CA 94108

$15,000,000
Price
Beds
20,845 Sq. Ft.
$720 / Sq. Ft.
20,845
Sq. Ft.
$720
per Sq. Ft.

Description

Architecturally attractive mixed-use trophy corner building located in the heart of SF's Union Square/Financial District. It houses The Urban Hotel, a 3 story property with 55 rooms. The Urban offers budget-friendly accommodations with shared facilities, including a variety of room types like economy doubles & singles, all with shared bathrooms. It caters to travelers looking for affordable lodging in a top location. The Urban Hotel is in excellent condition & very well operated by Engage Hospitality...Architecturally attractive mixed-use trophy corner building located in the heart of SF's Union Square/Financial District. It houses The Urban Hotel, a 3 story property with 55 rooms. The Urban offers budget-friendly accommodations with shared facilities, including a variety of room types like economy doubles & singles, all with shared bathrooms. It caters to travelers looking for affordable lodging in a top location. The Urban Hotel is in excellent condition & very well operated by Engage Hospitality LLC, a talented & experienced operator with a 10 yr master lease. They have been managing 100% of the daily residential operations since 2017. The first floor offers over 8,000 sq. ft. of prime retail space along Grant Avenue, making it ideal for retail businesses seeking high visibility in a superb A+ location. The corner space (359 Grant Avenue) is currently occupied by a high-volume Starbucks store with a recently negotiated long term lease extension. There is a beautiful 2 level retail space located at 363 Grant Avenue, ideal for luxury retail shops, which was most recently occupied by Serge Sorokko Gallery. This space is currently vacant, however the property is being sold with a 3 year NNN rent guarantee in place. The building is flexible & well suited for a variety of buyers.
  1. Listed by Dan McGue • DRE #00656579 • Brokerage DRE #01908304 • Coldwell Banker Commercial Realty

Property Details for 507 Bush Street

Cross Street
Grant Avenue
Total Parking Spaces
0
LISTING UPDATED: 10/31/2024 12:08 PM

Property Details for 507 Bush Street

StatusActive
MLS #424077189
Days on Compass22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1907
Lot Size0.10 AC / 4,220 SF
CountySan Francisco County

Building Information for 507 Bush Street

Stories-Residences-Year Built1907Lot Size0.10 AC / 4,220 SF

Property Information for 507 Bush Street

Summary
Location and General Information
  • Area/District: SF District 8
  • Area Short Display: 8
  • Subdistrict: Financial District/B
  • Location Description: SF District 8, Financial District/B, SF District 8 Financial District/B
Taxes and HOA Information
  • APN: 0286-001
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Owner
  • Year Built Source: Assessor Auto-Fill
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 12
  • Photos Provided By: Agent
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • Stories: 0
Interior Features
  • Full Bathrooms: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
Rental
Rent Information
  • Existing Lease Type: NNN

Property History for 507 Bush Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Bush Street

Taxable ValueLand$5,016,168Additions$3,344,101Total$8,360,269
Tax Record2024$117,568 ($9,797 / month)
Home Facts
Total Finished SqFt15,355 SqFtAbove Grade Finished SqFt15,355 SqFtStories4Lot Size4,220 SqFtStyleHotel / MotelYear Built1907ZoningC3RCountySAN FRANCISCOAPN0286 -001

Schools near 507 Bush Street

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lau (Gordon J.) Elementary School
PublicK to 5

Marina Middle School
Public6 to 8

Five Keys Charter (SF Sheriff'S) School
Charter9 to 12

Lowell High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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507 Bush Street is a mixed use property for sale in San Francisco, CA 94108. This property was listed for sale on October 31, 2024 by Coldwell Banker Commercial Realty, it's currently listed at $15,000,000. This listing's school district is San Francisco Unified School District. Nearby schools include Lau (Gordon J.) Elementary School, Marina Middle School and Five Keys Charter (SF Sheriff'S) School. 507 Bush Street is a 0-bed, 0-bath, 20,845 sqft mixed use property built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial Realty, Dan McGue, DRE #00656579

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.