1299 Bush St - Storefront Retail/Office CONDO FOR SALE


San Francisco, CA 94109- Lower Nob
$795,000 USD
408-493-3099
1299 Bush St, San Francisco, CA for Sale
$795,000 USD
Storefront Retail/Office CONDO - FOR SALE
1/4
null | Request Cap Rate

1299 Bush St
San Francisco, CA 94109
Lower Nob


OVERVIEW

Ground Floor Medical Condo For Sale Colliers International as Exclusive Advisors to the Seller, are pleased to present the opportunity to acquire 1299 Bush Street, Suite C (“the Property”), an excellent investor or medical owner-user opportunity located in Nob Hill/Polk Gulch, both highly desirable San Francisco neighborhoods. The Property is a well-maintained commercial condominium on the ground level of a multi-unit condominium building, built in 2009. In addition to the ±1,161 square feet of commercial space, there are also two dedicated secure parking spaces and storage in the garage below at an estimated $150,000 not included in the sales price. The property is currently occupied by 3D Bike Fit but will be delivered vacant upon close of escrow. The Property is a unique opportunity for an owner-user or investor for medical or retail uses seeking a long-term investment in a centrally located San Francisco neighborhood easily accessed from Marin County or the East Bay. The commercial condominium sits on the high traffic corner of Bush Street and Larkin Street and is in very close proximity to CPMC and Dignity Health Saint Francis Memorial Hospital making it an ideal location for many ground floor retail uses. There is convenient access to public transportation and surrounding neighborhoods include Nob Hill to the North, Civic Center to the South, Downtown San Francisco to the East, Pacific Heights and the Van Ness corridor to the West. San Francisco has passed a bill that would allow ground floor retail spaces in certain zoned area to be used for ground floor medical space. This is big as SF has very strict and sporadic zoning laws. Please let me know if you have any questions.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$685 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Includes 2 parking spaces

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

1,161 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

NCD

APN/PARCEL ID

0279-030

ASK ABOUT THIS PROPERTY

Kevin KlinkColliersMore Info
408-493-3099

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Kevin KlinkColliersMore Info
408-493-3099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.