Active

507 Bush Street

San Francisco CA, 94108

$15,000,000


$719.60 per sqft

Active

20,845 sqft

Commercial

Built in 1907

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.

424077189

MLS ID

September 17, 2024

Listed

November 1, 2024

Updated

Map

507 Bush Street
San Francisco CA, 94108

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.1 Acres

Other Property Details

Area Name

SF District 8


Garage

No


Parking Total

0


View

No


County

San Francisco


Pool

No

Listed by Dan McGue with Coldwell Banker Commercial Realty

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 11/1/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Susanne Alexander shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 10:46 AM UTC, 11/1/2024

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