PROPERTY FACTS Sale Type: Investment NNN Property Type: Retail Property Subtype: Storefront Retail/Residential Building Size: 3,450 SF Building Class: C Year Built: 1900 Price: $2,645,000 Price Per SF: $767 Cap Rate: 5.91% Year-1 NOI: $156,241 Percent Leased: 100% Tenancy: Multiple Building Height: 3 Stories Building FAR: 1.98 Land Acres: 1.98 AC Zoning: UNION, San Francisco Frontage: 20 FT on Greenwich Opportunity Zone: No
3,450 SF 100% Leased Retail Building $2,645,000 ($767/SF) 5.91% Cap Rate
Commercial -- Restaurant; currently Leased to U:Dessert Story
Residential -- Two-Level Unit 3 Bedrooms, 1 Bathroom
Commercial -- Updated Kitchen, Full Service Bar Area, Outdoor Seating.
Residential -- In-Unit Laundry
Prime mixed use building in an unparalleled Cow Hollow location! This property sits within the Fillmore and Greenwich triangle with some of the most popular dining and nightlife destinations in the city.
The lower unit is a commercial space previously the home of Mina Test Kitchen and now occupied by U:Dessert Story.
The upper unit is comprised of a charming two story residence with 3 bedrooms, 1 bathroom, two offices, and a rooftop deck.
This property is a rare and unique opportunity for investors or restaurant owner occupiers looking for income.
FEATURES: • Mixed Use Building in Cow Hollow • 3,450 Square Feet (per tax records) • Lower Unit -- Commercial/Restaurant • Restaurant Currently Leased to U:Dessert Story - leased expiration: 5/21/2029 • Updated Kitchen • Full Service Bar Area • Outdoor Seating • Upper Unit -- Residential - leased expiration: 09/30/2021 • 3 Bedrooms, 1 Bathroom • Two-Level Unit • 2 Offices • In-Unit Laundry