1014 Clement Street, San Francisco, CA 94118, San Francisco, 94118 - bed, bath
ACTIVE$2,100,000
1014 Clement Street, San Francisco, CA 94118
0Bed
0Bath
5,964Sqft
2,252.05Lot
Year Built
1923
Close
-
List price
$2.1M
Original List price
-
Price/Sqft
$352
HOA
$0
Days on market
-
Sold On
-
MLS number
425063961
Home ConditionFair
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $2.10M(50th), sqft - 5964(50th), beds - undefined(50th), baths - undefined(50th).
Well-positioned mixed-use commercial building in San Francisco's Inner Richmond District, totaling approximately 5,964 square feet on a 2,250 square foot lot. This three-story property features ground floor retail currently occupied by Diamond Coffee & Pastry on a month-to-month lease. The upper floors and a portion of the ground floor are leased long-term to Wu's Healing Center, an established medical and wellness practice. The tenancy offers stable income with flexibility for future repositioning. Located on busy Clement Street, a vibrant neighborhood corridor known for its diverse dining, retail, and local services, the property benefits from consistent pedestrian traffic, strong surrounding demographics, and access to multiple Muni transit lines. With a current 6.47% cap rate and long-term growth potential, 1014 Clement Street presents a compelling investment opportunity in one of San Francisco's most desirable commercial districts.
Nearby schools
8/10
Sutro Elementary School
Public,•K-5•0.1mi
8/10
Peabody (George) Elementary School
Public,•K-5•0.3mi
8/10
Mccoppin (Frank) Elementary School
Public,•K-5•0.6mi
8/10
New Traditions Elementary School
Public,•K-5•1.2mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•1.7mi
6/10
San Francisco Public Montessori School
Public,•K-5•2.1mi
1/10
Mission Education Center
Public,•K-5•3.5mi
/10
Chinese Education Center
Public,•K-5•3.7mi
2/10
Fairmount Elementary School
Public,•K-5•3.8mi
9/10
Roosevelt Middle School
Public,•6-8•0.6mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•1.6mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•2.0mi
9/10
Lawton Alternative Elementary School
Public,•K-8•2.0mi
6/10
Rooftop Elementary School
Public,•K-8•2.4mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•3.4mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•3.5mi
2/10
Revere (Paul) Elementary School
Public,•K-8•4.4mi
3/10
San Francisco Community Alternative School
Public,•K-8•4.4mi
7/10
Washington (George) High School
Public,•9-12•1.2mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•1.3mi
2/10
Wells (Ida B.) High School
Public,•9-12•2.0mi
7/10
Lincoln (Abraham) High School
Public,•9-12•2.5mi
3/10
Mission High School
Public,•9-12•2.8mi
6/10
Academy Of Arts And Sciences
Public,•9-12•2.8mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•2.8mi
8/10
Galileo High School
Public,•9-12•2.9mi
3/10
O'connell (John) High School
Public,•9-12•3.4mi
10/10
Lowell High School
Public,•9-12•3.7mi
2/10
S.F. International High School
Public,•9-12•3.9mi
1/10
Downtown High School
Public,•9-12•3.9mi
7/10
Balboa High School
Public,•9-12•4.5mi
2/10
Marshall (Thurgood) High School
Public,•9-12•5.0mi
2/10
Jordan (June) School For Equity
Public,•9-12•5.0mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•5.6mi
Price History
Date
Event
Price
08/07/25
Price Change
$2,100,000
05/20/03
Sold
$1,500,000
Condition Rating
Fair
This mixed-use commercial building, constructed in 1923, shows a blend of recently updated and dated elements. The ground floor retail space (coffee shop) appears to have undergone a significant modern renovation, featuring contemporary flooring, lighting, and a clean, updated commercial restroom. However, the upper floor, occupied by the healing center, presents a more dated aesthetic, particularly in the bathroom (Image 10) with its older style cabinetry and tiles, suggesting a renovation 15-30 years ago. The stairwell also appears dated. While parts of the property are well-maintained and modern, the overall age of the building and the visible outdated components on the upper floors indicate that it requires minor updates in some areas and may necessitate future capital expenditures due to its historic age, aligning with a 'Fair' condition rating.
Pros & Cons
Pros
Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Prime Commercial Location: Situated on Clement Street in San Francisco's vibrant Inner Richmond District, benefiting from high pedestrian traffic, diverse amenities, and strong local demographics.
Strong Investment Returns: Features a compelling 6.47% cap rate and stable income from established long-term and month-to-month tenants, offering immediate financial performance.
Mixed-Use Flexibility: The property's mixed-use zoning and current tenant mix (retail and medical/wellness) provide versatility for future repositioning or continued diversified income streams.
Excellent Transit & Accessibility: Benefits from easy access via multiple Muni transit lines and consistent pedestrian flow, enhancing its appeal to businesses and customers.
Long-Term Appreciation Potential: Located in a highly desirable San Francisco commercial district, indicating strong prospects for long-term capital growth and value appreciation.
Cons
Historic Building Age: Constructed in 1923, the property is over a century old, which may necessitate significant capital expenditures for maintenance, upgrades, or compliance with modern building codes.
Retail Lease Instability: The ground-floor retail tenant is on a month-to-month lease, introducing a degree of income uncertainty or potential vacancy risk compared to a long-term agreement.
Limited Lot Size: The relatively small 2,250 sqft lot size for a 5,964 sqft building restricts possibilities for expansion, additional parking, or outdoor space development.