Retail Business for Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: San Francisco, CA 94111

Description

Discover an exceptional ground floor restaurant space at 244 California Street, the former home of the celebrated Aqua Restaurant, which helped define San Francisco’s culinary renaissance as one of the city’s most acclaimed seafood destinations. This second generation restaurant space offers a rare opportunity to join the legacy of San Francisco’s renowned dining scene, positioned at the prestigious intersection of California and Battery Streets in the heart of the Financial District. The location provides access to thousands of discerning professionals who have made this neighborhood a destination for elevated business dining and after-work gatherings. With BART and Muni stations nearby, your restaurant will benefit from the exceptional transit accessibility that has long supported San Francisco’s vibrant restaurant culture, ensuring a steady stream of customers who appreciate the city’s commitment to culinary excellence. San Francisco’s Financial District is experiencing a strong resurgence as workers return to the office and major employers reinvest in their downtown presence, bringing renewed energy and robust demand for quality dining destinations. California Street, where this property sits, serves as both a commercial corridor and a connection to the city’s vitality—the historic cable car line running along the street links the Financial District to Union Square, Chinatown, and Nob Hill, drawing both weekday professionals and weekend visitors. The property is also in close proximity to some of San Francisco’s top-grossing restaurants, including Tadich Grill, Wayfare Tavern, Pabu, Holbrook House, and Schroeder’s.

Market Context

This retail in San Francisco, CA is listed for sale. It has been on the market for 25 days. Compare it against other retail listings for sale in San Francisco, CA — <a href="/search/sale/retail/california/san-francisco">view the full market</a>.

As of Q1 2026, the San Francisco retail market showed average asking rents near $27.43/SF/yr, and cap rates around 5.7%. Source: Consensus Q1 2026 market report.

Retail market FAQ

What is the typical cap rate for retail in San Francisco?
About 5.7% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$23.32/SF – $31.54/SF

Mid: $27.43/SF

Rate estimator only; cost-of-business estimate unavailable.

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