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532 Sutter St
San Francisco, CA 94102

Sutter Place · Property For Lease

HIGHLIGHTS

  • Rare opportunity to acquire a historic building in Union Square, formerly home to San Francisco Playhouse Theatre
  • Cannabis Storefront & Consumption Permitted - issued a permit for both storefront and consumption (best location in Union Square)
  • Recovering Tourist Market - Hotel occupancy up 48% for this same time last year
  • Flagship Union Square Location - heavily trafficked location with over 12,000 hotel rooms
  • Limitless Potential - Retail, art gallery, entertainment, multifamily, hospitality, restaurant, rooftop bar, and/or cannabis dispensary

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 17,160 SF
Year Built/Renovated 1910/2016

ABOUT THE PROPERTY

Stream Realty Partners is pleased to present For Sale or Lease 532-536 Sutter Street in San Francisco’s premier Union Square District. The historical asset, previously home to San Francisco Playhouse, boasts tremendous demographics; in a 10-mile radius, there are 1,500,000 people with an average household income of $144,000. The property is zoned as Downtown Retail and has limitless potential: retail, art gallery, entertainment, multifamily, hospitality, restaurant, and/or cannabis dispensary. The building, constructed in 1910 and recently seismically retrofitted, offers three stories and a sizable basement totaling 16,596 SF. This flagship retail location is near the Sutter and Powell intersection and has great access via bus and cable car, both of which are less than 150’ from the front doors. The iconic building has beautiful, exposed brick walls, penthouse office, and rooftop bar potential. Union Square is a major tourist destination in San Francisco, offering one of the largest collections of department stores, upscale boutiques, and art galleries in the United States. It contains 12,000 hotel rooms, 70,000 daytime employees, and roughly 650 buildings. The tenants include the highest end brands in retail: Gucci, Hermes, Tiffany, Neiman Marcus, etc. The property has been issued a permit for cannabis retail and/or consumption. Due to sensitive use restrictions, there are only five cannabis retailers in Union Square, none of which have a consumption lounge.

  • Signage
  • Listing ID: 27386203

  • Date on Market: 12/27/2022

  • Last Updated:

  • Address: 532 Sutter St, San Francisco, CA 94102