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Listed by Robert Mann Touchstone Commercial Partners Inc.
$ 7,950,000
Est. payment | /mo
2 Beds
8,600 SqFt
$ 7,950,000
Est. payment | /mo
2 Beds
8,600 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,600 sqft
Price per Sqft $924
MLS Listing ID 426108711
Bedrooms 2
HOA Y/N No
Year Built 1906
Lot Size 2,300 Sqft
Acres 0.0528
Property Sub-Type Mixed Use
Property Description
Fully occupied 6.25% cap rate NNN-leased building in the heart of North Beach. 1234 Grant Avenue consists of an approximately 8,600 square foot three-story building situated on approximately 2,300 square feet of land. Located in the heart of North Beach, this is a unique and rare opportunity to purchase a building in one of San Francisco's most desirable neighborhoods. The property will be delivered fully occupied by two tenants on long term triple net (NNN) leases, making this a perfect opportunity for an investor seeking stable and predictable cash flow with minimal management responsibilities. In the last year, the property has been extensively renovated with significant capital investment, including a full electrical upgrade, complete exterior repainting and refinishing, new wide-plank European white oak flooring, a fully renovated kitchen with marble countertops and stainless steel appliances, new recessed lighting and fixtures throughout, fresh interior paint, decking at the sun deck, and thoughtful interior reconfiguration.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Fireplace No
Building
Lot Description None
Level or Stories Four
New Construction Yes
Others
Tax ID 0145044
Nearby Locations
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