2412-2414 Lombard St - Storefront Retail/Residential FOR SALE


San Francisco, CA 94123
$3,350,000 USD
707-591-0570
2412-2414 Lombard St, San Francisco, CA for Sale
$3,350,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 9.2% Cap Rate

2412-2414 Lombard St
San Francisco, CA 94123


OVERVIEW

Fully leased, Marina District mixed-use investment opportunity. The 2000+ square foot ground floor retail/commercial space is leased to an industry leading cannabis dispensary, The Apothecarium SF. Fully remodeled and updated with high quality finishes. With multiple years remaining on a NNN lease and additional extensions in place this is a very stable tenant/investment. Yearly base rent increases plus a minimum percentage rent kicker help this property achieve above market rents and CAP rate. Accessed by private entrance off of Lombard, the second floor is comprised of a 1464 square foot, 3 bedroom / 2 bath apartment with stable tenants. Own a piece of San Francisco in a premier location.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$954 USD /SF

CAP RATE

9.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

NC3 F2

APN/PARCEL ID

0936-009

ASK ABOUT THIS PROPERTY

Randy WallerW CommercialMore Info
707-591-0570

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Randy WallerW CommercialMore Info
707-591-0570

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