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Listed by Adam D Filly Compass Commercial
$ 6,950,000
Est. payment | /mo
5,972 SqFt
$ 6,950,000
Est. payment | /mo
5,972 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,972 sqft
Price per Sqft $1,163
MLS Listing ID 426116123
HOA Y/N No
Year Built 1924
Lot Size 4,896 Sqft
Acres 0.1124
Property Sub-Type Retail
Property Description
24-30 West Portal is a prime mixed-use investment opportunity located in the heart of San Francisco's highly desirable West Portal neighborhood. The fully occupied property consists of three office suites and two ground-floor retail storefronts anchored by long time tenants Noe Valley Bakery and Franco's Latin Table. Situated adjacent to the West Portal Muni Station, the property benefits from exceptional transit accessibility, great foot-traffic, and strong neighborhood demand. These retail tenants contribute to the vitality of West Portal with dining and neighborhood-serving amenities. Tenants reimburse approximately 76% of operating expenses, providing investors with an attractive expense structure and stable in-place income. Offered at a 6.5% cap rate, this investment represents an opportunity to acquire a well-located asset in one of San Francisco's most established neighborhood retail districts. The West Portal neighborhood transit oriented zoning allows for an 85' height limit, providing additional value through future development potential.
Location
State CA
County San Francisco
Area Sf District 4
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2931003
Nearby Locations
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