501 Taylor Street
- Ideal Lower Nob Hill location
- RC-4 Zoning
- Well-maintained property
- Proforma Cap Rate 8.92%
- Great Value at $352 PSF
What this property offers
As exclusive agents, Urban Group Real Estate is pleased to present 501 Taylor Street, San Francisco, CA for purchase.
501 Taylor Street AKA 500 Geary Boulevard is a 76-unit apartment building located in San Francisco’s Lower Nob Hill neighborhood. This mixed-use property consists of 75 studio apartments, 2 resident manager units and one prime corner retail space. The retail space is leased to Walgreens (dark) through February 2034, providing strong in-place income from a national credit tenant. 26 residential units will be delivered vacant. Proforma cap rate of 8.92%.
501 Taylor Street combines stable cash flow with great value-add upside through residential lease-up, making it a compelling opportunity in one of San Francisco’s most well-located and transit-rich neighborhoods.