Map of Property

The Redstone Building

2924-2948 16th St, San Francisco, CA 94103

  • For Sale $7,650,000
  • Property Type Office - General Office
  • Property Size 55,560 SF
  • Lot Size 0.31 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1914
  • Date Updated Aug 13, 2024
The Redstone Building is located in the Mission District, a neighborhood in San Francisco, California with a population of 47,205, which offers an intersection of vibrant culture and socioeconomic diversity. Serving as a Latino cultural hub, the Mission is home to many restaurants, boutiques, and a rich art scene that includes the largest collection of murals in the city. Geographically, the Mission is part of the Eastern Neighborhoods along with SoMa, Showplace Square/Potrero Hill, and Central Waterfront.Lakeside Investment Company is pleased to present the Redstone Building (once known as the San Francisco Labor Temple) at 2924-2948 16th Street. This is a steel-framed three-story, low-rise office building with brick masonry and concrete facades. The building parcel measures 150 feet by 90 feet, with street frontage along 16th Street and Capp Street, and includes a gross building area of 55,560 sq ft. Current tenants include small offices, community organizations, artists and art spaces, and theaters. Restoring The Redstone Building as a thriving, modern workspace provides significant upside potential.Lakeside Investment Company is pleased to present the Redstone Building (once known as the San Francisco Labor Temple) at 2924-2948 16th Street. This is a steel-framed three-story, low-rise office building with brick masonry and concrete facades. The building parcel measures 150 feet by 90 feet, with street frontage along 16th Street and Capp Street, and includes a gross building area of 55,560 sq ft. Current tenants include small offices, community organizations, artists and art spaces, and theaters. Restoring The Redstone Building as a thriving, modern workspace provides significant upside potential.

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Highlights

  • Three-story building plus mezzanine and full basement
  • Beautiful 1914 construction; newer building added in 1939
  • San Francisco City Landmark No. 238 with historic architectural features: red brick masonry, concrete cornices, round arch tops with plaster keystone on the third floor windows, and decorative medallions between third floor windows
  • Located in the heart of the vibrant and bustling Mission District
  • Unmatched convenience next to BART, bus lines, popular restaurants, and trendy boutiques
  • Walk/Transit/Bike Scores of 99/98/99
  • Brand new 81-unit apartment complex next door: "Avanza 490"
  • $180/ft vs $463/ft; 60% discount for similar properties
  • Current rents average $16/SF with as-is market rent of $30/SF and top market rents of $80/SF
  • * denotes scheduled revenue post-rehab

Contacts

broker

James Kilpatrick

NAI Northern California

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    94/100 Rider's Paradise

  • Bike Score ®

    100/100 Biker's Paradise
Powered by Walk Score ®
  • City San Francisco, CA
  • Neighborhood Inner Mission
  • Zip Code 94103
  • Market San Francisco

Points of Interest

  • 16th Street Mission

    0.07 miles

  • Taxi Stand at16th St Mission BART (southwest corner in front of Wells Fargo)

    0.12 miles

  • 18th Street & Guerrero Street

    0.38 miles

  • Market Street & Guerrero Street

    0.51 miles

  • Market Street & Laguna Street

    0.52 miles

  • Church Street & 16th Street

    0.57 miles

  • Market Street & Gough Street

    0.58 miles

  • 18th Street & Church Street

    0.59 miles

  • Church Street & Market Street

    0.59 miles

  • Church Street & 14th Street

    0.61 miles

  • Chevron

    0.07 miles

  • EVgo

    0.09 miles

  • Gas & Shop

    0.12 miles

  • Arco

    0.24 miles

  • Shell

    0.33 miles

  • 76

    0.62 miles

  • Volta HQ Charging Station

    0.93 miles

  • Castro Gas & Food Mart

    0.95 miles

  • Electrify America

    1.46 miles

  • Tesla Destination Charger

    1.51 miles

  • Hoff Street Garage

    0.15 miles

  • Zenanli Parking

    0.27 miles

  • Gus's Parking

    0.32 miles

  • Best Buy Parking

    0.41 miles

  • Enterprise Car Rental Parking

    0.49 miles

  • Costco Parking

    0.53 miles

  • Costco

    0.54 miles

  • Walgreens & Live Fit Gym Underground Parking Garage

    0.63 miles

  • Mission-Bartlett Garage

    0.64 miles

  • Metro @ Showplace Square Garage

    0.91 miles

  • Krishna Hotel

    0.10 miles

  • Union Hotel

    0.11 miles

  • Frances Hotel

    0.14 miles

  • Hotel Sunrise

    0.19 miles

  • Star Hotel

    0.23 miles

  • Prita Hotel

    0.34 miles

  • El Capitan Hotel

    0.42 miles

  • Travelodge

    0.51 miles

  • Edwardian Hotel

    0.59 miles

  • Parker Guest House

    0.60 miles

  • Maruya

    0.02 miles

  • Mission Hunan Restaurant

    0.03 miles

  • Cocina Mayah Restaurant

    0.03 miles

  • Irma's Pampagna Restaurant

    0.04 miles

  • Poc-Chuc

    0.07 miles

  • The Sandwich Place

    0.08 miles

  • Aramex

    0.09 miles

  • Vallartas Taco Bar

    0.10 miles

  • Western Donut Chinese Food

    0.10 miles

  • Castillito Yucateco

    0.11 miles

  • Marshall Elementary School

    0.09 miles

  • La Scuola International School

    0.23 miles

  • San Francisco Friends School

    0.36 miles

  • Children's Day School

    0.37 miles

  • Notre Dame School

    0.42 miles

  • John O'Connell High School

    0.46 miles

  • Mission High School

    0.54 miles

  • Mission Dolores School

    0.55 miles

  • Gurdjieff Foundation

    0.56 miles

  • Presidio Knolls School

    0.59 miles

  • Mio Preschool Too

    0.29 miles

  • Project Commotion

    0.31 miles

  • Mary Lane Infant & Toddler Center

    0.64 miles

  • Faces SF Hayes Valley Child Development Center Infant and Toddlers

    0.71 miles

  • L’Academy

    0.79 miles

  • Mission Montessori

    0.79 miles

  • Compass Children's Center

    1.21 miles

  • Golden Gate Kindergarten

    1.32 miles

  • Petite Explorer

    1.38 miles

  • Happy Trails

    1.48 miles

Frequently Asked Questions

How much does The Redstone Building cost?

The space currently listed for sale at The Redstone Building asks for $7,650,000.

What is the total square footage of The Redstone Building?

The Redstone Building totals 55,560 square feet.

When was this property built?

The Redstone Building was built in 1914.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

James Kilpatrick

NAI Northern California