Property Overview:
This is a 4-unit mixed-use building in San Francisco, built in 1950, with 4,850 sq. ft. of living area. The property includes a ground-floor bar with a full liquor license and three residential units on the upper floors. The sale price is $1,950,000, which includes the property, business, ABC 48 license, furniture & fixtures, and inventory.
Neighborhood Highlights:
- Location: Situated in a busy residential and commercial area with high foot traffic.
- Accessibility: Close to bus lines, 101, and 280 freeways.
- Visibility: Excellent signage and commercial appeal.
Property Features:
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Ground Floor:
- Thriving bar with a loyal customer base.
- Includes a bathroom and multiple storage rooms.
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Second Floor:
- Two 1-bedroom units (one currently vacant).
- Features:
- Spacious kitchens with dining areas.
- Living rooms (one used as a second bedroom).
- Bathrooms with separate shower and tub.
- Bay windows, fireplaces, and tile flooring.
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Third Floor:
- Spacious studio unit.
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Building Amenities:
- Recently resurfaced roof with city views.
- Enclosed trash area.
Investment Highlights:
- 100% Occupancy: Fully leased residential units and a thriving bar.
- Upside Potential:
- Residential units are under market rent.
- Opportunity for future growth in both residential and commercial sectors.
- Immediate Returns: Steady rental income from residential units and substantial revenue from the bar.
Location Benefits:
- Prime Investment Opportunity in a high-demand area.
- Ideal for owner/operators or investors seeking a stable income stream.
For more details, contact Mike at New Eagle Properties:
Phone: (415) 517-3359
Email: mike@neweagleproperties.com