Description
Prime Chinatown Investment Property located just steps to all that the neighborhood has to offer on the vibrant Broadway commercial strip between Stockton and Columbus. San Francisco's Chinatown is the oldest Chinatown in North America and one of the largest outside of Asia filled with colorful shops, delicious restaurants and so much history - it remains one of SF's best tourist and local attractions. Simply iconic. 670-672 Broadway, situated right in the heart, is comprised of 1 ground floor Commercial space + Basement, and 15 Residential units above officially classified as Hotel use - One 1Bed/1Bath Units and Fourteen Studio/1Bath Units. Excellent income with one Studio Unit (#9) delivered vacant as of 9/1/23. Perfect for investors and/or IRC 1031 exchanges. Soft Story retrofit completed and ADA compliant. Opportunity awaits. GRM: 10.78 Cap Rate: 5.89% *Ground Floor & Basement in fire sprinkler compliance. Walk Score: 100
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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7,686SQFT
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$507$/SQFT
School Ratings & Info
Description
Prime Chinatown Investment Property located just steps to all that the neighborhood has to offer on the vibrant Broadway commercial strip between Stockton and Columbus. San Francisco's Chinatown is the oldest Chinatown in North America and one of the largest outside of Asia filled with colorful shops, delicious restaurants and so much history - it remains one of SF's best tourist and local attractions. Simply iconic. 670-672 Broadway, situated right in the heart, is comprised of 1 ground floor Commercial space + Basement, and 15 Residential units above officially classified as Hotel use - One 1Bed/1Bath Units and Fourteen Studio/1Bath Units. Excellent income with one Studio Unit (#9) delivered vacant as of 9/1/23. Perfect for investors and/or IRC 1031 exchanges. Soft Story retrofit completed and ADA compliant. Opportunity awaits. GRM: 10.78 Cap Rate: 5.89% *Ground Floor & Basement in fire sprinkler compliance. Walk Score: 100
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