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246 1st Street

Off-Market

246 1st Street, San Francisco, CA 94105

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  • Property Type Office - General Office
  • Property Size 100,000 SF
  • Lot Size 0.31 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2019

Location

  • Walk Score ® Walker's Paradise (97)
  • Transit Score ® Rider's Paradise (100)
  • Bike Score ® Bikeable (67)
Powered by Walk Score ®
  • City San Francisco, CA
  • Neighborhood Yerba Buena
  • Zip Code 94105
  • Market San Francisco

Points of Interest

Market Street & Battery Street

0.30 miles

Market Street (500 Block)

0.31 miles

Market Street & Post Street

0.38 miles

Taxi Stand at Park Central Hotel

0.41 miles

California Street & Drumm Street

0.41 miles

Steuart Street & Don Chee Way

0.42 miles

Taxi Stand at Hotel Vitale

0.43 miles

Market Street & 4th Street / Moscone Center

0.56 miles

Market Street & Ellis Street

0.62 miles

Bloomingdale's

0.65 miles

Bell Resources

0.39 miles

Gas & Shop

2.03 miles

Exxon

3.46 miles

Sam Truong's 76

5.86 miles

76

6.19 miles

ChargePoint

6.97 miles

Chargepoint

7.25 miles

eVgo

7.58 miles

Chevron

7.73 miles

Tesla Supercharger

8.29 miles

Indoor Public Parking

1.02 miles

Costco

1.48 miles

Performing Arts Garage

1.62 miles

BevMo! Customer Parking

3.01 miles

Battery East

4.39 miles

O Lot

5.34 miles

Oakland Convention Center

6.68 miles

The Uptown Parking

7.02 miles

Kaiser Shipyard 3 Visitor Center

8.83 miles

Genetics Underground Garage

9.26 miles

Pacific Tradewinds Hostel

0.63 miles

CitizenM

0.67 miles

Found

0.77 miles

Hi Hostel Downtown

0.77 miles

Union Square Plaza Hotel

0.81 miles

Sunset Hotel

0.84 miles

Backpackers Hostel Union Square

0.85 miles

The Touchstone Hotel

0.85 miles

Green Tortoise Hostel (annex building, private rooms)

0.88 miles

Orange Village Hostel

0.89 miles

Lee's Deli

0.17 miles

Plates at One Market

0.41 miles

Sushirrito

0.48 miles

International Food Court

0.51 miles

Begoni Bistro

0.79 miles

Cafe Zoetrope

0.80 miles

Oma Sushi

0.82 miles

La Cocina Municipal Marketplace

1.19 miles

Spark Social SF

1.20 miles

Unfurl

1.24 miles

Saybrook University

0.75 miles

Minerva Schools at KGI

1.13 miles

Spring Valley Elementary School

1.34 miles

San Francisco Art Institute

1.61 miles

Saint Brigid School

1.68 miles

International Studies Academy at Enola D. Maxwell Campus

1.82 miles

American College of Traditional Chinese Medicine

1.89 miles

California Institute of Fashion

2.19 miles

City College of San Francisco (CCSF) Mission Campus;CCSF

2.66 miles

University of San Francisco

3.10 miles

Little Angels

3.56 miles

Delia’s Little Angels

4.02 miles

Glenridge Cooperative Nursery

4.15 miles

Little Urbanites Preschool

4.80 miles

Sunset Co-op Nursery School

6.56 miles

Emeryville Child Development Center

6.92 miles

Silverspot Co-operative Nursery School

7.13 miles

New Day Preschool

7.16 miles

Small Trans Depot

7.34 miles

Laney College Child Care Center

7.48 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 29 Oct, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in San Francisco

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in San Francisco Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $66.52
  • 2021 Office Vacancy Rate 17.06%
  • 2021 Office Completions (SF) 1,970,004

San Francisco Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $858.10
  • Y-o-Y Avg. PpSF Change -14.51%
  • 2021 Office Sales Volume $2.3B
  • 2021 Number of Transactions 7
View more San Francisco market trends

Tax

  • Property Tax in 2022-2023 $1,592,645
  • Market Value* $135,004,303
  • Assessed Value $135,004,303

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 246 1st Street?

246 1st Street totals 100,000 square feet.

When was this property built?

246 1st Street was built in 2019.

When was 246 1st Street last sold?

246 1st Street was last sold on 29 Oct, 2019.

What is the property tax for 246 1st Street?

The property tax for 246 1st Street in 2022-2023 was $1,592,645.

What is the market value for 246 1st Street?

The market value* for 246 1st Street in 2022-2023 was $135,004,303.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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