
Description
Exceptional Mixed-Use Building located in the heart of Cow Hollow. Fantastic opportunity for a developer owner-user, investor, or 1031 exchange. The building consists of a large, VACANT ground floor commercial space (close to 2200 sq.ft.) w/ attached basement + storage (offering over 2400 additional sq.ft.). 13 residential units above (12 units leased at or near market rents, 1 vacant). 1 - 1bed/1bath unit & 12 - efficiency studios w/ their own private bathrooms. Vacant Commercial Unit - scheduled income is approximately $4.00/sq.ft./month = $8,750/month. Residential income = $17,080/month. Total monthly income = $25,830. Total yearly income = $309,960. GRM = 12.9, Cap Rate = 5.4. In addition, fully maintained elevator in building. Located in the HOT Triangle Corridor, within steps to all the most popular restaurants, boutiques, fitness studios, nightlife & everyday amenities that Chestnut, Union, and Fillmore streets have to offer. *Building is exempt from the soft story retrofit.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
6,912SQFT
-
$578$/SQFT
School Ratings & Info
Description
Exceptional Mixed-Use Building located in the heart of Cow Hollow. Fantastic opportunity for a developer owner-user, investor, or 1031 exchange. The building consists of a large, VACANT ground floor commercial space (close to 2200 sq.ft.) w/ attached basement + storage (offering over 2400 additional sq.ft.). 13 residential units above (12 units leased at or near market rents, 1 vacant). 1 - 1bed/1bath unit & 12 - efficiency studios w/ their own private bathrooms. Vacant Commercial Unit - scheduled income is approximately $4.00/sq.ft./month = $8,750/month. Residential income = $17,080/month. Total monthly income = $25,830. Total yearly income = $309,960. GRM = 12.9, Cap Rate = 5.4. In addition, fully maintained elevator in building. Located in the HOT Triangle Corridor, within steps to all the most popular restaurants, boutiques, fitness studios, nightlife & everyday amenities that Chestnut, Union, and Fillmore streets have to offer. *Building is exempt from the soft story retrofit.
Related Properties
© 2022 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 2022-05-19T00:20:49.76.