Corcoran Icon Properties, Commercial Division has listed 44 Page Street, a rare, purpose-built performing-arts and office building in San Francisco's Hayes Valley/Civic Center corridor, for $13,750,000, with Michael Barnacle and Gary Tribulato representing the property.
Built in 1912, the building was known historically as the New Druid Temple and later as the Kanbar Performing Arts Center. Today the ±35,493-square-foot property pairs large-scale rehearsal and assembly halls with income-producing office suites, just steps from Davies Symphony Hall, the War Memorial Opera House, the San Francisco Ballet, and the San Francisco Conservatory of Music.
Space like this rarely comes to market in San Francisco. The building's lower three floors house sound-isolated rehearsal and performance halls with ceiling heights up to 20 feet. Its upper three floors, added in a 1984 expansion, are leased to a mix of nonprofit and commercial office tenants, which gives the building a steady income stream alongside its cultural use. An exterior restoration, including facade, cornice, and window repair, was completed in summer 2026.
“There's nothing else quite like 44 Page Street in San Francisco,” said Michael Barnacle. “You've got purpose-built performance and rehearsal halls right in the heart of the city's arts community, plus an income-producing office component. It's a rare opportunity for an owner-user, a mission-driven buyer, or an investor looking to reposition a truly unique asset.”
The building is roughly 95 percent leased and generates strong in-place income, with additional upside to stabilized market rents. The current anchor tenant has agreed to lease back the space for up to two years, which gives a buyer income while they plan, permit, and design, with the possibility of earlier possession if the tenant relocates sooner. An existing facilities-rental program for the halls, plus separate office rentals on the upper floors from third-party tenants, adds another layer of income.
The six-story building sits at 44 Page Street, San Francisco, CA 94102, on a 6,540-square-foot lot. It spans approximately 36,186 square feet per tax record, with ceiling heights ranging from roughly 10 to 20 feet. The property is zoned NCT-3, Moderate-Scale Neighborhood Commercial, and while there's no onsite parking, it's within walking distance of major cultural institutions and close to public transit and commute routes.
For more information, a tour, or to request the full offering memorandum, contact: Michael Barnacle 415.515.5542 [email protected] Gary Tribulato 415.828.7814 [email protected]