Description
Unique property with ~3217SF (as measured) of space; currently has a beautifully designed and developed ground floor commercial unit with a full kitchen and half bathroom. Plus an additional ~600 square feet of storage located on the ground floor for further expansion. The upper residential unit overlooking Franklin Square park features downtown views and back views west towards Twin Peaks. There are 5 bedrooms & 3 full baths a princess balcony that overlooks the park, a large living room, large dining area, eat in kitchen, laundry room and a quiet spacious secluded yard. Per drawings, the two-level upstairs residential unit is 1908 square feet. Building is zoned RH3 with a 65 foot height limit. This zoning may allow up to 3 residential condo units plus keeping a commercial condo unit which is grandfathered in and has flexible uses. Possessing an excellent income stream while the development is being entitled by the city and county of SF thus eliminating tens of thousands of dollars in carrying costs! Rare opportunity for an investor, owner user, Business start up or developer.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,217SQFT
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$590$/SQFT
School Ratings & Info
Description
Unique property with ~3217SF (as measured) of space; currently has a beautifully designed and developed ground floor commercial unit with a full kitchen and half bathroom. Plus an additional ~600 square feet of storage located on the ground floor for further expansion. The upper residential unit overlooking Franklin Square park features downtown views and back views west towards Twin Peaks. There are 5 bedrooms & 3 full baths a princess balcony that overlooks the park, a large living room, large dining area, eat in kitchen, laundry room and a quiet spacious secluded yard. Per drawings, the two-level upstairs residential unit is 1908 square feet. Building is zoned RH3 with a 65 foot height limit. This zoning may allow up to 3 residential condo units plus keeping a commercial condo unit which is grandfathered in and has flexible uses. Possessing an excellent income stream while the development is being entitled by the city and county of SF thus eliminating tens of thousands of dollars in carrying costs! Rare opportunity for an investor, owner user, Business start up or developer.
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