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1586 Folsom Street

San Francisco, CA 94103

6 beds
– baths
9,300 sqft
3,397 sqft lot
$403 per sqft
1916 build
– on site

For the first time in over half a century, this historic mixed-use property is available for sale. Located at the high-visibility corner of 12th and Folsom Streets in San Francisco's resurgent South of Market neighborhood, this unique opportunity offers both commercial and residential components. The ground floor features a fully built-out bar and restaurant, boasting over 3,300 sq. ft. of space and 118 feet of frontage along both Folsom and 12th Streets. This high-exposure corner location includes expansive windows, prominent identity signage, two full bars, two dining rooms, a Type 2 hood, prep kitchen, office space, and large walk-in coolers. There are two years remaining on the current lease, with no renewal option. The tenant currently holds a Type 47 liquor license. (Please note: the bar and restaurant business is not included in the sale of the building.) The residential component consists of 10 apartment units, including six one-bedroom units and four studio units. Most units have been renovated with updated kitchens and bathrooms. Expenses are low, and there are banked rent increases available. The property has undergone a seismic retrofit and a fire alarm system upgrade.

Listing courtesy of SFMLS / Maven Commercial, Inc.

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# 425020288 —

The Building

Year Built:

1916
Year Built Source:

Assessor Auto-Fill
Levels:

Three Or More
Stories:

3
Building Area Total:

9300
Building Area Units:

Square Feet
Building Area Source:

Owner

Room Dimensions

Living Area:

9300
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Cross Street:

12th St
Latitude:

37.7712076
Longitude:

-122.4151808

The Property

Parcel Number:

3516018
Property Type:

Residential Income
Property Subtype:

Mixed Use
Lot Features:

Corner Lot
Lot Size Area:

3397.68
Lot Size Acres:

0.078
Lot Size Square Feet:

3397.68
Lot Size Units:

Square Feet
Zoning:

WMUG
Irrigation Water Rights:

false
Elevation Units:

Feet

Listing Agent

Contact info:

Beds

Total Bedrooms:

6

The Community

Association:

false

Parking

Garage:

false
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/14/25 Mar 14, 2025	Listed / Active	SFMLS	$3,750,000

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This multifamily located in South of Market, San Francisco, CA 94103 is currently for sale for $3,750,000. 1586 Folsom Street is a 9,300 square foot multifamily with 6 beds and – baths that has been on Estately for 1 days. 1586 Folsom Street is in the South of Market neighborhood of San Francisco and has a WalkScore® of 98, making it a walker’s paradise. This multifamily is in the attendance area of James Lick Middle School and Daniel Webster Elementary School.

Listing Courtesy of: SFMLS and Maven Commercial, Inc..

Based on information from the SFMLS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.