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163 West Portal Avenue

San Francisco, CA 94127
  • $1,495,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 423727504
UPDATED: 42 min ago
$1,495,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,878
    SQFT
  • $796
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1936
County:

School Ratings & Info

Description

Fantastic opportunity to purchase prime West Portal boutique investment property. First time offered for sale by original owners since 1936. This building has always supported long term, thriving small businesses. The West Portal commercial district is one of the most desirable locations for investing, with a very low vacancy and turnover rate. This vibrant 200 block has great foot traffic, with established and newer businesses, access to multiple Muni lines, Metro station, major freeways nearby. Great opportunity to owner occupy unit 163 or obtain top rental income. 167 unit is currently rented as a spa/nail salon and will be on a month-to-month lease as of May 2023. Opportunity to gross approx. $70-80k annually.

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© 2023 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated 2023-03-28T00:20:19.967.
www.sfhothomes.com/homes/137743021
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163 West Portal Avenue San Francisco, CA 94127

  • Price: $1,495,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 42 min ago
  • MLS #: 423727504
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1,878
SQFT
$796
$/SQFT
1936
Built
Neighborhood:
West Portal
County:
San Francisco
Area:
Sf District 4
Property Description
Fantastic opportunity to purchase prime West Portal boutique investment property. First time offered for sale by original owners since 1936. This building has always supported long term, thriving small businesses. The West Portal commercial district is one of the most desirable locations for investing, with a very low vacancy and turnover rate. This vibrant 200 block has great foot traffic, with established and newer businesses, access to multiple Muni lines, Metro station, major freeways nearby. Great opportunity to owner occupy unit 163 or obtain top rental income. 167 unit is currently rented as a spa/nail salon and will be on a month-to-month lease as of May 2023. Opportunity to gross approx. $70-80k annually.
Exterior Features

Numberof Truck Doors 0 Parking Clearance Heightft 0 Parking Total 0

Interior Features

Numberof Elevators 0

Property Features

Cap Rate 3.8 Current Use Retail Location Freeway NearbyNeighborhoodPublic Transportation NearbyRestaurant NearbyShopping Nearby Number Of Tenants 0 Property Condition Varies By Unit Property Sub Type Retail Special Listing Conditions None

Listing provided courtesy of Paul Barbagelata of Barbco: .


© 2023 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated 2023-03-28T00:20:19.967.
 
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EXP Realty
75 Broadway Suite #202
San Francisco CA, 94111