Wells Fargo Building

Off-Market

85 2nd Street, San Francisco, CA 94105

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 124,245 SF
  • Lot Size 0.48 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1907

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 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.

  • 2022 Avg. Asking Rent $68.56
  • 2022 Office Vacancy Rate 21.12%
  • 2022 Office Completions (SF) 1,838,723

San Francisco Office Sales Trends

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

  • 2022 Avg. Price per SF $1,053.70
  • Y-o-Y Avg. PpSF Change 23.39%
  • 2022 Office Sales Volume $848.3M
  • 2022 Number of Transactions 8
View more San Francisco market trends

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City San Francisco, CA
  • Neighborhood Yerba Buena
  • Zip Code 94105
  • Market San Francisco

Points of Interest

  • Market Street & 2nd Street

    0.09 miles

  • Market Street (500 Block)

    0.10 miles

  • Montgomery Street

    0.10 miles

  • Taxi Stand at Palace Hotel

    0.11 miles

  • Market Street & Montgomery Street

    0.12 miles

  • Market Street & Sutter Street

    0.12 miles

  • Market Street & New Montgomery Street

    0.13 miles

  • Taxi Stand at Market and Sutter Street (westside along See's Candy)

    0.13 miles

  • Market Street & Post Street

    0.14 miles

  • Sansome Street & Sutter Street

    0.15 miles

  • Bell Resources

    0.30 miles

  • Shell

    0.60 miles

  • Shell

    0.61 miles

  • Shell

    0.62 miles

  • Chevron

    0.81 miles

  • Chevron

    1.25 miles

  • Shell

    1.33 miles

  • Volta HQ Charging Station

    1.40 miles

  • 76

    1.45 miles

  • Chevron

    1.54 miles

  • Palace Garage

    0.06 miles

  • Jessie Square Garage

    0.24 miles

  • Moscone Garage

    0.26 miles

  • The White House Garage

    0.27 miles

  • Four Seasons Valet Parking Entrance

    0.27 miles

  • Marriott Valet Parking Entrance

    0.33 miles

  • Saint Mary's Square Garages

    0.37 miles

  • Sutter Stockton Garage

    0.37 miles

  • City Park

    0.37 miles

  • Union Square Garage (underground)

    0.42 miles

  • Palace Hotel

    0.12 miles

  • The St. Regis San Francisco

    0.18 miles

  • W San Francisco

    0.21 miles

  • Galleria Park Hotel

    0.21 miles

  • Hyatt Regency San Francisco Downtown Soma

    0.22 miles

  • The Clancy, Autograph Collection

    0.24 miles

  • Four Seasons

    0.28 miles

  • Hotel Des Arts

    0.30 miles

  • Hotel Triton

    0.32 miles

  • San Francisco Marriott Marquis

    0.33 miles

  • Greek Town

    0.03 miles

  • Caramba

    0.03 miles

  • Luke’s Lobster

    0.03 miles

  • Archive Bar & Kitchen

    0.04 miles

  • B&M Mei Sing Restaurant

    0.04 miles

  • Roy's

    0.04 miles

  • Uno Dos Tacos

    0.04 miles

  • Sunrise Deli

    0.04 miles

  • Mixt

    0.05 miles

  • Split Bread

    0.05 miles

  • Golden Gate University

    0.07 miles

  • Kaplan

    0.11 miles

  • Academy of Art University - Game Development

    0.15 miles

  • University of Phoenix

    0.23 miles

  • Academy of Arts University

    0.30 miles

  • Academy of Art University

    0.36 miles

  • City College of San Francisco Downtown Campus

    0.38 miles

  • Cogswell College

    0.38 miles

  • Fashion Institute of Design and Merchandising - San Francisco

    0.39 miles

  • Notre Dame Des Victoires Grammar School

    0.39 miles

  • Telegraph Hill Cooperative Nursery School

    0.77 miles

  • Mission Montessori

    1.32 miles

  • L'Academy

    1.56 miles

  • Golden Gate Kindergarten

    1.58 miles

  • Nihonmachi Little Friends

    1.68 miles

  • Infant & Toddler Center

    2.03 miles

  • facessf

    2.79 miles

  • Little Angels

    3.53 miles

  • Balboa Preschool

    3.62 miles

  • Noe Valley Nursery School

    3.78 miles

Frequently Asked Questions

What is the total square footage of Wells Fargo Building?

Wells Fargo Building totals 124,245 square feet.

When was this property built?

Wells Fargo Building was built in 1898.

What is the property tax for Wells Fargo Building?

The property tax for Wells Fargo Building in 2023-2024 was $108,130.

What is the market value for Wells Fargo Building?

The market value* for Wells Fargo Building in 2023-2024 was $9,181,477.
*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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