1609 Palou Ave - Storefront FOR SALE


San Francisco, CA 94124
$650,000 USD
415-278-7838
1609 Palou Ave, San Francisco, CA for Sale
$650,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

1609 Palou Ave
San Francisco, CA 94124


HIGHLIGHTS

  • Located in a Rapidly Developing Neighborhood - City of SF has Focused Significant Resources to Growing Bayview/Hunter’s Point
  • Retail Duplex
  • Recent ADA Improvements to Retail Entrances

OVERVIEW

1609-1611 Palou Avenue is a 1,875 SF retail duplex located in the Bayview District of San Francisco. The property consists of two retail units, currently occupied by a café and a barber shop. Ownership has recently renovated the entrance to ensure compliance with ADA requirements. Situated in District 10, a rapidly developing area that includes Bayview and Hunters Point, the property benefits from significant ongoing residential growth. Currently, 8,904 residential units are in various stages of planning or construction within the district. Notably, phase one of the Hunters Point Shipyard development has completed 505 of its planned 1,428 units, while phase two has delivered 337 units. The Bayview Hunters Point Area Plan, adopted by the Planning Department in 2012, aims to add more than 10,000 new homes over the next two decades. Beyond its residential expansion, the neighborhood offers a vibrant mix of artistic, cultural, and historical elements, positioning it as San Francisco’s next Mission District. Additionally, the property is just moments from 3rd Street, the area’s primary retail corridor. The investment appeal of 1609-1611 Palou Avenue lies in its prime location within a dynamic and evolving neighborhood.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

Brian LeungLL CREMore Info
415-278-7838

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Brian LeungLL CREMore Info
415-278-7838

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