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Listed price in listed location currency (USD).
$3,130,000

000

MLS® 426112305

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 1
Lot Size 0.078 acres
Approx. Age 1916
MLS® Number 426112305

Property Address: 1582 Folsom St, San Francisco, CA, 94103-3721

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a historic corner mixed-use apartment building in the heart of San Francisco's resurgent South of Market neighborhood. The property consists of 10 residential units6 one-bedrooms and 4 studiospositioned above a large 3, 300-square-foot bar and restaurant space, for a total of 9, 300 square feet. Home to the original Hamburger Mary's, the building occupies an iconic place in San Francisco history and helped shape the city's vibrant nightlife and LGBTQ+ entertainment scene. With the ground-floor retail lease expiring next year, the property offers a compelling opportunity for an owner-user or investor to reimagine this highly visible commercial space with prominent frontage along Folsom and 12th Streets. Most residential units have been renovated with updated kitchens and bathrooms. Low operating expenses and substantial banked rentsif implementedindicate a GRM of 9.54 and a cap rate of 6.85%. Additional capital improvements include a completed seismic retrofit and fire alarm system upgrade.
MLS® Number426112305
Laundry Level
Central VacNo
FireplaceNo
Acreage0.078
Exterior
GarageNo
Approx. Age1916
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$3,130,000List Price
  • Commute

Commute

Starting Address
Destination Address
1582 Folsom St, San Francisco, CA

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