Office for Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: San Francisco, CA 94102

Description

Rare San Francisco Opportunity CBRE, as exclusive advisor, is pleased to introduce a rare owner/user or investor opportunity to acquire the iconic building at 555 Post Street, in the premiere Union Square neighborhood of San Francisco, California. 555 Post Street is one of San Francisco's gems. Originally the home of the Union League Club and later the San Francisco Press Club, the classic, 7-story building plus penthouse is prominently located directly across the street from both the Olympic Club and the Bohemian Club, with Union Square and the Theater District just steps away. The neighborhood is clean, safe and accessible to all of the major tourist, convention, and business centers. ​​​​​​​The property was constructed in 1922, and features a full lower level complete with a swimming pool area; three floors plus mezzanine level of distinctive ballroom, meeting, classroom and office space featuring double height ceilings and exquisite design elements: these floors are currently available for occupancy. The upper four floors, plus penthouse, are leased on a long-term net basis to the next-door Hotel Zeppelin. All of the floors have abundant natural light. Long term local ownership has meticulously maintained the building.​​​​

Market Context

This office in San Francisco, CA is listed for sale. It has been on the market for 147 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).

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