Rare opportunity to own a beautifully maintained and highly trafficked mixed-use Queen Anne-style building in the heart of the South of Market neighborhood, or SoMa. This three-story property features a fully functional ground-floor commercial space with excellent freeway access and unmatched exposure along the 9th Street corridor. Above the commercial unit are 10 well-maintained one-bedroom, one-bathroom multifamily units, each equipped with its own storage unit. Six units have been fully renovated in the past 36 months. With on-site laundry with app-based payments and remodeled backyard spaces, this property is designed for long-term tenant appeal and tremendous value-add potential.
Located in one of San Francisco's most dynamic commercial districts, 449-451 9th Street enjoys unparalleled connectivity and accessibility. Positioned near the 101 off-ramps, the property provides seamless access to key thoroughfares, making it a convenient hub for customers and tenants alike. 449-451 9th Street is within a mile of top companies such as Airbnb, Discord, and Adobe, along with retail anchors like Trader Joe’s, Costco, Target, and Bed Bath & Beyond. With over 15,000 vehicles passing by daily and steady pedestrian traffic, the property benefits from high visibility and a built-in customer base. The surrounding trade area encompasses a dense population of over 488,000 residents within 3 miles, boasting an impressive median household income of $131,000 and annual consumer spending of $8.2 billion. Within this population, 74% are renters, driving strong demand for multifamily properties and enhancing the potential for consistent rental income.
SoMa is a vibrant, evolving neighborhood where culture, commerce, and innovation collide. Once a commercial warehouse district, it has transformed into a thriving hub of industrial-chic lofts, historic structures, and tech-driven growth. Home to major players such as Uber and Airbnb, SoMa continues to attract a diverse crowd of professionals, artists, and food enthusiasts. Its lively atmosphere and eclectic mix of lifestyle amenities make it a sought-after destination for residents and businesses alike. With strong market demand and an exceptional location, 449-451 9th Street offers immense value-add potential. This turnkey, income-generating building is an opportunity to capitalize on one of San Francisco’s most coveted neighborhoods.
Video Tour:
https://youtu.be/n9Qc2IMzt64