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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Ivan Leung Compass

$ 2,290,000

Est. payment | -/mo

7,236 SqFt

Save

$ 2,290,000

Est. payment | -/mo

Save

7,236 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,236 sqft

Price per Sqft $316

MLS Listing ID 426166663

HOA Y/N No

Year Built 1914

Lot Size 4,021 Sqft

Acres 0.0923

Property Sub-Type Mixed Use

Property Description

Rare opportunity to acquire a stabilized asset at a 11.74% cap rate, 6.42GRM and $316.47 per sq ft. near Civic Center and the Van Ness Corridor. Ground floor are 4 commercial stores and 11 SRO at the upper level and most of Room have been nicely remodeled in the recent past. Substantial income upside potential with acquiring a new tenant for the vacant commercial space for restaurant or bar. Currently 4 stores including 1 vacant, a Grocery Store, a Smoke Shop and a Bar.

Location

State CA

County San Francisco

Area Sf District 8

Interior

Flooring Carpet, Tile, Wood

Fireplace No

Building

New Construction No

Others

Tax ID 0320014

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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