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Description

Available for the first time since its original construction in 1968, 165 Jefferson Street presents a rare opportunity for investors to acquire a generational asset in the heart of San Francisco’s iconic Fisherman’s Wharf. Surrounded by major attractions like Ripley’s Believe It or Not! and directly across from the flagship Boudin Bakery, this mid-block property occupies a prime location in one of the city’s most visited retail districts. Originally developed in tandem with the neighboring 155 Jefferson Street (not included in this sale), the two buildings share a second-level common area deck, though each maintains separate utilities and infrastructure. The building offers approximately 6,776 gross square feet on a 5,156-square-foot lot, with a frontage of roughly 37.5 feet and a depth of 137.5 feet. Future owner-users or tenants will benefit from exceptional pedestrian and vehicle exposure, enhanced by the opportunity for bold signage on the building’s façade. Fisherman’s Wharf continues to see strong tourism recovery, reaching around 80% of pre-pandemic levels in 2022. Adding to the area’s momentum, a 136-room hotel is in the works at 2629 Taylor Street, just a block and a half away, and redevelopment plans for Pier 45 and adjacent seawall lots across the street have been well received by the San Francisco Port Authority. Recent retail additions near the property include Pollo Campero, which opened in 2024 next door at 155 Jefferson Street, adding further draw to this high-traffic block.

Listing Details

  • Cap Rate

    5.18%

  • Tenancy

    Single

  • Space Type

    mixed-use

  • Sub Category

    mixed-use-office / mixed-use-retail

  • Date Listed

    10/22/2025

  • Ownership Info

    Fee Simple

  • Net Rentable

    6,750 SF

Property Specifics

  • Property Name

    Retail/Office Investment - Fisherman's Wharf

  • No of Buildings

    1

  • No of Stories

    2

  • No of Units

    8

  • Building Size

    6,776 SF

  • Lot Size

    0.12 AC

  • APN

    0013-006A

  • Zoning

    C2

  • Occupancy

    100%