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listing
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CommercialFor Sale
$15,000,000
507 Bush Street
San Francisco, CA 94108
Courtesy of Coldwell Banker Commercial Rea
MLS: San Francisco MLS
20,845Sq Ft
Est. Mortgage
$77,527/mo

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.

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Listing Courtesy of Coldwell Banker Commercial Rea
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