Bancroft Bldg — Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: San Francisco, CA 94103

Description

731 Market Street is prominently situated on Market Street between the SOMA and Western SOMA neighborhoods. The transit-rich location gives employees immediate access to a vast public transportation network from the nearby Montgomery and Powell Street BART/MUNI stations to the new Salesforce Transit Center. The building was recently upgraded to Class A standards and features creative office spaces with side-core design, high ceilings, exposed brick, open layouts and skylights.

Market Context

This office in San Francisco, CA is listed for sale. It has been on the market for 142 days. Compare it against other office listings for sale in San Francisco, CA — view the full market.

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: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.
Is the San Francisco office market tightening or softening?
Vacancy is around 30.3% (Q1 2026).

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