1240 Market Street, San Francisco

San Francisco Home For Sale

Massive $500k Price Reduction! Maven is pleased to present 1242 Market Street, a distinguished 5-story commercial property situated prominently within San Francisco's Mid-Market corridor. Nestled within the bustling Mid-Market District, 1242 Market Street enjoys a prime location in the heart of the City. Seamless accessibility via public transportation and major thoroughfares underscores the property's strategic significance. The property is in close proximity to the Golden Gate and Warfield Theaters, Civic Center, which is home to City Hall and some of San Francisco's most iconic arts institutions. Nearby neighbors include Supreme, IKEA, Fellow Barber, Bait Shoes, Proper Hotel, Bill Graham Auditorium, and more. Easy public transportation with BART and MUNI nearby.This five-story building offers a multitude of possibilities, featuring four full-floor offices and a ground-floor retail space. Ideal for owner-users in a multitude of sectors and visionary investors looking for an add value asset in a burgeoning market, this property epitomizes adaptability. The property can be leased or sold. SBA or Seller Financing possible.

Property Details

1240 Market StreetSquare Ft: 10,780Lot Size: 0.06Price: $2,950,000Zip: 94102
MLS® #: 423913011Neighborhood: Van Ness/Civic CenteCommunity: Van Ness/Civic CenteLevels: High RiseSchool District: Listed By: Dominic Morbidelli, Maven Commercial, Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Essential Information

  • MLS® #:
    423913011
  • Price:
    $2,950,000
  • Bathrooms:
    0.00
  • Square Footage:
    10,780
  • Acres:
    0.06
  • Year Built:
    1908
  • Type:
    Commercial Sale
  • Sub-Type:
    Office
  • Status:
    Active

Community Information

  • Address:
    1240 Market Street
  • Area:
    SF District 8
  • Subdivision:
    Van Ness/Civic Cente
  • City:
    San Francisco
  • County:
    San Francisco
  • State:
    CA
  • Zip Code:
    94102

Interior

  • Stories:
    High Rise

Exterior

  • Lot Description:
    BART Nearby, City Lot

Additional Information

  • Date Listed:
    September 28th, 2023

Price Change History for 1240 Market Street, San Francisco, CA (MLS® #423913011)

Date Details Price Change
Price Reduced (from $3,450,000) $2,950,000 $500,000 (14.49%)
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