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Listed by Elaine Hom • Best Rate Financial
$ 2,390,000
Est. payment | /mo
10,297 SqFt
$ 2,390,000
Est. payment | /mo
10,297 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,297 sqft
Price per Sqft $232
MLS Listing ID ML81999352
Style Flat
Year Built 1911
Lot Size 2,187 Sqft
Property Sub-Type Five or More Units
Property Description
A distinguished mixed-use property prominently situated at the signalized intersection of Hyde and Geary St in San Francisco vibrant Tenderloin neighborhood. This vintage 1911 building consists of 10 residential units and 2 ground floor commercial unit on a 2,187 sq/ft lotsize and a total of 10,297 sq/ft interior space. Nestled in the heart of San Francisco. The property benefits from high pedestrian traffic and surrounded by a diverse array of retail and essential businesses. Its central location offers convenient access to public transportation, enhancing its appeal to both residential and commercial tenants. This property presents a solid investment opportunity. Currently 5.01% cap rate with a potential 7.31% cap rate on a fully leased building.
Location
State CA
County San Francisco
Area 8 - Downtown
Zoning RC-4
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features No Garage, No Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
View Downtown
Roof Type Flat / Low Pitch
Building
Lot Description Regular
Foundation Post and Beam
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 0320-001
Security Features None
Special Listing Condition Not Applicable
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Kalani Stone
Agent | Lic# CalBRE: 01336392