Updated Mar 11, 2025
Peter Hemsley And Brick & Timber Collective Purchase Mixed-Use Building In San Francisco For $32.4M
530 Jackson Street
$32,400,000
$2,076/SF
Building Size
15,600 SF
Asset Type
Mixed-use
Closing
Mar 7, 2025
About this deal
AI
A mixed-use building located at 530 Jackson Street in San Francisco was sold for $32.4 million. The property spans 15,600 square feet, resulting in a price per square foot of $2,077.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $32,400,000
- Address: 530 Jackson Street
- Market: San Francisco
- Square Footage: 15,600
- Price per Square Foot: $2,077
- Buyer: Peter Hemsley; Patrice Louvet - Brick & Timber Collective
- Seller: Paul McAleese - Kells Irish Restaurant and Bar
Restaurateur Peter Hemsley, alongside Brick & Timber Collective, is now the owner of the building previously known as Kells Irish Pub. Brick & Timber is planning to revamp the site as Hemsley contemplates his next culinary venture in a prominent retail district.
Players
San Francisco Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93