50 29th St - Medical CONDO FOR SALE


San Francisco, CA 94110
$799,000 USD
415-278-7838
50 29th St, San Francisco, CA for Sale
$799,000 USD
Medical CONDO - FOR SALE
1/20
null | Request Cap Rate

50 29th St
San Francisco, CA 94110


HIGHLIGHTS

  • Located in the Bernal Heights Neighborhood, Near Busy Mission Street
  • +/- 2,201 SF Two Level Office/Retail Condominium
  • Owner-User Potential. Current Tenant’s Lease Expiring 9/30/2024
  • 2024 Monthly HOA Dues: $1,192.16 and Includes Management/Accounting Fees, Earthquake Insurance, Building/Structure Insurance, and Water/Sewage

OVERVIEW

Own this property and pay less per month than a comparable unit for lease: Monthly Cost to Own 50 29th St. is ~$5,720/Mo. (SBA Mortgage plus HOA) VS. Average Cost to Lease a Comparable 2,201 SF Unit is ~$7,461/Mo. 50 29th Street is a part of a vibrant 3-story mixed-use building featuring 33 residential units and 7 retail storefronts. Spanning approximately 2,201 SF over two levels, the commercial condo includes a prominent ground-level storefront with excellent visibility along 29th Street and a versatile lower level that opens to a shared outdoor patio. This property offers a cost-effective opportunity, boasting a monthly rate that is notably more affordable than the average lease for comparable spaces in the Bernal Heights and Mission Districts. Natural light floods the space through large south-facing windows, creating a bright and inviting atmosphere throughout the day, perfect for showcasing merchandise or for an inspiring work environment.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

62,840 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,541 SF

ZONING

NCD

APN/PARCEL ID

6596-050

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.