PROPERTY DESCRIPTION
Marcus and Millichap is pleased to present the iconic Mansion on Sutter located at 1409
Sutter Street. The Mansion is a classic Queen Anne Victorian built in 1881, and in 2019 the
property underwent a three-million-dollar refurbishment. This iconic San Francisco
Mansion was converted into a high-end boutique hotel and full sit-down formal restaurant
and private club. The renovations started on the ground floor by building out a full
commercial–grade kitchen. Alongside the addition of the kitchen, the ground floor
includes two private dining rooms. The main floor was redesigned into a luxury
restaurant and bar, providing private dining rooms and a grand banquet hall. These
renovations have expanded the lower two levels to host a wide variety of special events
and provide a high-end dining experience for its guests. The upper two floors were
converted into 10 luxury hotel rooms, combining the historic architecture with modern
amenities to create a truly unique experience. The property is a registered historical
landmark that boasts an elegant exterior and opulent interior design. The current owner
has found great success operating the property as a hotel with strong occupancy and
performance. A new owner can steadily increase ADR whilst building out food and
beverage income