| Primary address | 2940 16th Street, San Francisco |
| Zip code | 94103 |
| County | San Francisco |
| Neighborhood | Inner Mission |
| Parcel ID | 3553-014 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 11/19/2021 |
| Sale price | $4,950,000 |
| Arm's length | Register |
| Property tax | $96,014 |
| Building sqft | 55,560 |
| Building class | Office (O) |
| Acreage | 0.31 |
| Depth | 50 |
| Rooms | 82 |
| Year built | 1914 |
| Stories | 3 |
| Zoning district | Register |
| School district | San Francisco Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
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This Office (O) located at Redstone Building - 2940 16th Street, San Francisco, CA 94103 has a total of 55,560 square feet and a current price per square foot of $89.
What is the year built & the current market value of Redstone Building - 2940 16th Street, San Francisco, CA 94103?Redstone Building - 2940 16th Street, San Francisco, CA 94103 was built in 1914 and has a current tax assessor's market value of $8,118,240.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 02/01/2024 |
| Last updated | 03/23/2026 |
Welcome to The Redstone Building at 2924-2948 16th Street. This remarkable property is a testament to architectural brilliance, boasting a steel-framed three-story, low-rise office building adorned with captivating brick masonry and concrete facades.
Nestled on a generously proportioned parcel measuring 150 feet by 90 feet, The Redstone Building enjoys prime street frontage along both 16th Street and Capp Street, ensuring maximum visibility and accessibility. With a sprawling gross building area of 55,560 sq ft, this space offers abundant opportunities for your business to flourish.
The Redstone Building's vibrant community is home to a diverse range of current tenants, including small offices, community organizations, artists, and art spaces, as well as theaters. By embracing the vision of transforming this historic gem into a thriving, modern workspace, you open the door to limitless potential and an exciting future.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 1st Floor, Suite 100 | Office | $23.28/Sqft/Year | 219 | Seth Hubbert (510) 757-9929 |
| 2nd Floor, Suite 212 | Office | $23.28/Sqft/Year | 143 | Seth Hubbert (510) 757-9929 |
| 2nd Floor, Suite 217 | Office | $23.28/Sqft/Year | 1,536 | Seth Hubbert (510) 757-9929 |
| Listing type | For Sale |
|---|---|
| Listing date | 08/14/2025 |
| Last updated | 04/01/2026 |
| Lot size | 0.31 Acre |
NAI Northern California is pleased to present the Redstone Building (once known as the San Francisco Labor Temple) at 2924-2948 16th Street. This is a steel-framed three-story, low-rise office building with brick masonry and concrete facades. The building parcel measures 150 feet by 90 feet, with street frontage along 16th Street and Capp Street, and includes a gross building area of 55,560 sq ft. Current tenants include small offices, community organizations, artists and art spaces, and theaters. Restoration efforts have revitalized The Redstone Building into a vibrant, modern workspace, positioning new ownership to benefit from a stabilized asset with continued upside potential.
Fully Leased: Occupancy has grown from 26% to 100% in under two years, driven by hands-on ownership, strategic renovations, and proactive management and leasing execution.
Upgraded & Positioned for Growth: Substantially renovated under current ownership major upgrades complete, allowing future ownership to focus on rent growth, renewals, and operational upside.
Landmark Architecture: Historic 1914 red-brick building with a 1939 addition, featuring arched windows, decorative cornices, and intricate plaster detailing; officially designated San Francisco Landmark No. 238, with deep roots in the local community and enduring cultural significance.
Flexible Floorplan: Three-story structure with mezzanine and full basement, totaling 55,560 SF across 69 suites ranging from 92 to 8,690 SF, ideal for creative and small business users.
Prime Mission District Location: 1 block from BART and surrounded by local institutions, celebrated restaurants, and creative business.
Create a free account to view the complete sales history for 2940 16th Street, San Francisco, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Redstone Building - Redstone Building - 2940 16th Street, San Francisco, CA 94103. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax | $96,014 |
| Market value | $8,118,240 |
Here's the assessment & property tax history for 2940 16th Street, San Francisco, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $8,118,240 | 1.1827 | $96,014 | +2.98% |
| 2024-2025 | $7,959,060 | 1.1714 | $93,232 | +1.45% |
| 2023-2024 | $7,803,000 | 1.1777 | $91,896 | +220.95% |
| 2022-2023 | $2,427,128 | 1.1797 | $28,633 | +1.76% |
| 2021-2022 | $2,379,539 | 1.18248 | $28,138 | -0.30% |
Access a detailed real estate market overview of San Francisco so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in San Francisco and compare it to other neighborhoods in San Francisco County.
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| Total population | 34,964 |
| Median age | 37.6 |
| Average household income | $162,996 |
| Family households | 30.9% |
| Occupied housing units | 17,952 |
| Owner occupied units | 19.7% |
| Average number of people per household | 1.77 |
| Median year structure built | 1998 |
| Median value for units with a mortgage | $980,000 |
| Median value for units without a mortgage | $1,177,100 |
Create a free account to unlock extended information for 2940 16th Street, San Francisco, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
| Crime incidents map | Register |
Access the detailed traffic volume map for 2940 16th Street, San Francisco to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Here are the neighbors for Redstone Building - 2940 16th Street, San Francisco.