20 Cosmo / MAJOR PRICE REDUCTION / $3,800,000 / $232 PSF
20 Cosmo Place consists of a standalone restaurant property with 16,395 square feet of leasable area, situated on a 12,880-SF or 0.30-acre site at 20 Cosmo Place near Union Square in San Francisco’s downtown district. The location is favorable, lying between Post and Sutter Streets, and the property has frontage on both Cosmo Place (main entrance) and Sutter Street(north). The building was built around 1921 and stands out for its larger than average size, making it one of the city’s notable restaurants in terms of its capacity.
This is a great opportunity to purchase a large amount of square footage for a great price. Building can be converted to other retail uses.
PROPERTY HIGHLIGHTS:
• Home to 2 iconic restaurants over the last 68 years (Trader Vic’s from 1951-1994, and currently home to Le Colonial since 1998)
• 16,395 SF Standalone Building in San Francisco’s Union Square
• Two kitchens with type 1 hoods on two levels
• Main restaurant and bar at the 20 Cosmo entrance
• Additional entrances on Cosmo Place and Sutter Streets
• Long term development or owner-user opportunity
• 400 Seat Capacity
• 22-Car Adjacent Parking Lot
• Vintage San Francisco facade
• Easy delivery access
• Indoor & Outdoor Seating
• Elevators in place
• Close to Public Transportation & Parking Garages