Bay Area/ San Francisco/ Retail & Industry
Published on May 03, 2016
Upper Haight Storefront Vacancies: A Closer Look At PricingPhoto: Amy Stephenson/Hoodline

After we published last week's story about vacant storefronts on Haight Street, several commenters wondered whether the issue could be price gouging on the part of local landlords. We decided to look into the asking prices for the spaces up for lease, and see what the going rates actually look like. 

Some spaces aren't on the market yet, because they're still undergoing renovations after the previous tenant left, but of the ones that are available, here's what we found: 

1463 Haight

The former Hyperoptics space is 1,300 square feet, and is listed for $8,000 per month, or about $74 per square foot per year. 

1475 Haight

The former Skunkfunk space is 1,500 square feet, and it's on the market for $7,500 per month, or $60 per square foot per year. 

1529 Haight

The former Tatyana boutique is 2,000 square feet, and it's going for $11,750 per month, or about $71 per square foot per year.

1696 Haight

The spot on the corner of Cole and Haight that's been empty since a retrofit was completed in 2015 is listed at $9,492 per month for 1,771 square feet, or about $64 per square footper year. 

1711 Haight

1711 is the former home of Haight Ashbury Vintage, and it's listed at $6,300 per month for 900 square foot, or about $84 per square footper year, making it the steepest pricing on the list. 

1748 Haight

The old Pink Lily space is still for rent, despite being listed on LoopNet as "off-market." It's going for $5,000 per month for 1,850 square feet, for about $32 per square foot per year, making it the cheapest space on the street by far.

So how does that compare to the rest of the city?

According to LoopNet, the average asking rent for commercial real estate is $46.16 per square foot per year. This puts Haight Street generally above average for the city, which might make sense given the enormous amount of foot traffic the neighborhood sees, especially from tourists. 

Remember, as several commenters on our previous story also pointed out, that retail leases tend to be longer leases, and it's possible that landlords are trying to assess what the property will be worth in five or ten years and list accordingly. 

So, what do you think of the neighborhood's retail price point? Take it to the comments.