67-69 Belcher St - Residential Income FOR SALE


San Francisco, CA 94114
$6,490,000 USD
415-288-7817
67-69 Belcher St, San Francisco, CA for Sale
$6,490,000 USD
Residential Income - FOR SALE
1/7
null | Request Cap Rate

67-69 Belcher St
San Francisco, CA 94114


HIGHLIGHTS

  • Exceptional Mixed-Use Property Perfect For An Owner-Use, Investor or Developer
  • Multi-Use Configuration / Build-Out Provides Optionality
  • Incredible Neighborhood Location Steps to Parks, Cafes, Restaurants & Bars
  • Approved Residential Entitlements for a 31-Unit Luxury Residential Project

OVERVIEW

Colliers, as exclusive advisor to the Seller, is pleased to present 67-69 Belcher Street (the “Property”), an architecturally interesting +/-19,000 square foot mixed-use building located in the very desirable Duboce Triangle neighborhood. The Property is demised into two unique spaces including an expansive five (5) bedroom / four (4) bathroom residential unit with incredible outdoor patio and terrace (67 Belcher) which is currently leased on a short-term basis and a flexible studio/residential space (69 Belcher) to be delivered vacant. The offering includes an entitlement approval for a 5-story, 31-unit luxury residential project designed by Stanley Saitowitz and Natoma Architects Inc. providing the Buyer with future optionality for an exit or a developer the opportunity to secure a highly desirable neighborhood development opportunity. With a Walk Score of 98, 67-69 Belcher is situated within close proximity to some of San Francisco’s most admired neighborhood amenities within immediate access to transit (with a Transit Score/Bike Score of 96/95, respectively).

FOR SALE DETAILS

PRICE

$6,490,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,500 SF

ZONING

RTO

APN/PARCEL ID

3537-074

ASK ABOUT THIS PROPERTY

Darren KuiperColliersMore Info
415-288-7817

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Darren KuiperColliersMore Info
415-288-7817

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