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55 New Montgomery St

South of Market, San Francisco, CA

Features

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About 55 New Montgomery St

The elegant Beau-Arts building at 55 New Montgomery was constructed in 1912, and was once filled with architects’ offices. Current tenants of this creative space include commercial interests from many industries. The 9-story structure known as the Sharon Building has 88,062 square feet of both commercial office and ground floor retail space for rent in San Francisco’s Financial District.

Office space features open plan creative space, with high ceilings and excellent window line. Operable windows allow ample natural light and outside air, when desired. The building has steam heating. Classic design touches are found throughout, adding sophistication to the space.

Five retail units along New Montgomery include the original tenant of the building, the House of Shields tavern. This venerable bar and restaurant has original wood paneling and an ornate bar that originated in the Palace Hotel next door. The retail space is ideally located just a block off of Market Street. While it currently benefits from high traffic, the new Transbay Terminal expected to be completed in 2017 will be a major traffic driver.

Located in the Tenderloin district of San Francisco’s downtown, this building has fabulous mass transit options. The Montgomery BART station is just around the corner, and numerous Muni bus and light rail options can be found in any direction.

The landmark Sharon Building has a striking ornate cornice that juts out unusually far from the building’s façade, an architectural detail that is a large part of the building’s character. Paired arched windows along the sixth story, patterned brickwork and a grand Classical entrance add to the air of classy pre-war elegance.

Companies at 55 New Montgomery St

Harvest & Rowe Restaurant Food

Internet Providers for 55 New Montgomery St

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
50 Mb/s
Sonic.net DSL
50 Mb/s
3 Mb/s
Megapath DSL
50 Mb/s
50 Mb/s
AT&T California DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: South of Market

On average, listings lease in the $60's per square foot per year. The South of Market region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 1% decline in rent.

Compared to the rest of the Bay Area market, the South of Market submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
South of Market $69
/sqft/yr
4,988
sqft
Median Rate Median Size
Bay Area $44
/sqft/yr
2,500
sqft

Median Rate over Time in South of Market