16 Virginia Ave - Bar FOR SALE


San Francisco, CA 94110- Bernal Heights
$1,895,000 USD
415-655-5639
16 Virginia Ave, San Francisco, CA for Sale
$1,895,000 USD
Bar - FOR SALE
1/5
null | 4.2% Cap Rate

16 Virginia Ave
San Francisco, CA 94110
Bernal Heights


HIGHLIGHTS

  • Public transportation options are easily accessible with the 14, 24, and 49 MUNI lines within a block and Bart .7 miles away
  • Property consists of 15 single room occupancy (SRO) units, 1 retail storefront, and an unwarranted studio

OVERVIEW

3355 Mission Street aka 16 Virginia Street is a mixed-use residential hotel in the Bernal Heights neighborhood of SanFrancisco. The property consists of 15 single room occupancy (SRO) units, 1 retail storefront, and an unwarranted studio. All residential units were recently renovated along with the common areas of the property. Vinyl plank flooring has been installed throughout the property, bathrooms have been updated with floor to ceiling tiling, and the soft-story seismic retrofit has been completed. The retail space is in development as a restaurant/bar. The property is located in the heart of the Lower Mission Commercial Corridor, and is a walker's paradise with a walk score of 97 of 100. Neighborhood amenities include a Safeway grocery store, plentiful restaurants, and entertainment options. Public transportation options are easily accessible with the 14, 24, and 49 MUNI lines within a block and Bart .7 miles away. Additionally, a Type 47 Liquor License is available for purchase with the property.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

4.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

NC-3

APN/PARCEL ID

5642-050

ASK ABOUT THIS PROPERTY

Cheryl MaloneyVanguard PropertiesMore Info
415-655-5639

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

Cheryl MaloneyVanguard PropertiesMore Info
415-655-5639

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