Bougth with Jake Levinson
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Key Details
Sold Price $3,685,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,635 sqft
Price per Sqft $426
MLS Listing ID 425069920
Sold Date 01/06/26
HOA Y/N No
Year Built 1905
Lot Size 4,996 Sqft
Acres 0.1147
Property Sub-Type Retail
Property Description
A rare opportunity to own a fully stabilized, income-generating asset in San Francisco's vibrant Castro/Upper Market district. Built in 1906, the historic New Era Hall at 2117-2123 Market Street spans 8,635 SF and blends architectural heritage with modern functionality. Designed by August Nordin, this landmark features Craftsman and Classical Revival details, a Howe Truss system, and soaring 17'+ ceilings. The property is 100% occupied with strong, long-term tenantsCrossroads Trading Co. and the Academy of Balletdelivering reliable income with a 6.19% cap rate. Situated at the bustling Market & Church intersection, the building offers prime visibility, excellent foot traffic, and seamless public transit access. Separate meters, flexible interiors, and a prime location near retail, dining, and cultural hotspots make this an exceptional investment. Own a piece of San Francisco history while securing a stable, long-term asset in one of the city's most dynamic neighborhoods.
Location
State CA
County San Francisco
Area Sf District 5
Interior
Fireplace No
Building
Lot Description BART Nearby, City Lot, Shopping Nearby
New Construction No
Others
Tax ID 3543012
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Rebecca Brooks
Broker Associate/Area Leader/Ambassador | License ID: 1249870
Broker Associate/Area Leader/Ambassador License ID: 1249870