Former Walgreens

San Francisco, California, is a world-class city renowned for its economic strength, cultural significance, and global appeal. Strategically positioned on the northern tip of the San Francisco Peninsula, the city spans approximately 47 square miles and serves as a major financial, technology, and tourism hub. With a population of approximately 815,000 residents, San Francisco is one of the most densely populated cities in the United States. Its proximity to Silicon Valley makes it a center for innovation, attracting leading technology firms, venture capital investment, and a highly skilled workforce. In addition to its thriving tech sector, San Francisco has a strong presence in finance, healthcare, and biotechnology, with numerous Fortune 500 companies headquartered in the region. The city’s diverse and dynamic economy is complemented by its extensive transportation infrastructure. San Francisco International Airport (SFO) provides direct global access, while a well-developed transit system—including BART, Muni, and regional ferry services—ensures seamless connectivity throughout the Bay Area. The city’s walkable neighborhoods, bike-friendly streets, and historic cable car system further enhance accessibility and urban mobility. San Francisco is also a premier destination for tourism, boasting some of the most iconic landmarks in the world. The Golden Gate Bridge, Alcatraz Island, Fisherman’s Wharf, and Union Square attract millions of visitors annually, fueling a robust hospitality and retail sector. The city’s rich cultural history, diverse neighborhoods, and renowned culinary scene contribute to its reputation as a top-tier global destination. With a strong economy, unparalleled connectivity, and enduring appeal, San Francisco remains one of the most desirable locations for business, investment, and development.This is a rare opportunity to acquire a freestanding building in the highly desirable Western Addition neighborhood of San Francisco. Built in 1995, this two-story property spans approximately 12,277 square feet on a 0.43-acre lot, making it a prime Bay Area real estate investment. Strategically positioned at the corner of Post and Franklin Streets, the property benefits from exceptional visibility and accessibility, with a combined daily traffic count exceeding 100,000 vehicles. Located in an upscale district just one block from Van Ness Avenue, one of San Francisco’s top three busiest thoroughfares, this location ensures strong vehicular and pedestrian traffic. Additionally, the property is located directly across the street from CPMC Van Ness Campus, a twelve-story building constructed in 2019. The 274-bed general medical and surgical facility is nationally ranked in one adult specialty and rated high-performing in 11 adult procedures and conditions, generating significant foot traffic and demand for nearby retail and services. Boasting a Walk Score® of 99 (Walker’s Paradise) and a Transit Score® of 93 (Rider’s Paradise), the site is ideally suited for high foot traffic businesses. The impressive one-mile demographics include a population of 146,147 with an average household income of $126,593, further enhancing the property’s long-term investment appeal. The property, currently zoned NC-3, also benefits from the Expanding Housing Choice plan, which promotes higher-density housing in well-connected areas and aligns with San Francisco’s required rezoning by 2026. Located near key cultural and civic landmarks such as San Francisco City Hall, the War Memorial Opera House, Davies Symphony Hall, and the vibrant Polk Street corridor, the property also benefits from its proximity to the affluent Pacific Heights and Russian Hill neighborhoods. This premier location offers unparalleled exposure, strong demographics, and a thriving commercial environment, making it a standout investment opportunity in San Francisco’s competitive real estate market.