Office for Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: San Francisco, CA 94105

Description

More than just your typical downtown office - 55 New Montgomery is a unique piece of San Francisco history. Built in 1921 by renowned architect, George Applegarth, the building has housed some of San Francisco’s most distinguished businesses. Recent upgrades have transformed the building, giving tenants the prestige of a historic landmark with the performance of a best-in-class workplace.

Market Context

This office in San Francisco, CA is listed for sale. It has been on the market for 46 days. Compare it against other office listings for sale in San Francisco, CA — <a href="/search/sale/office/california/san-francisco">view the full market</a>.

As of Q1 2026, the San Francisco office market showed a 30.3% vacancy rate, average asking rents near $68.38/SF/yr, and cap rates around 6.6%. Source: Consensus Q1 2026 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

What is the typical cap rate for office in San Francisco?
About 6.6% as of Q1 2026, per Consensus.
Is the San Francisco office market tightening or softening?
Vacancy is around 30.3% (Q1 2026).

Unified Estimate

Medium Confidence

$41.96/SF – $56.78/SF

Mid: $49.37/SF

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

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