8 Persia Ave - Office FOR SALE


San Francisco, CA 94112- Mission Terrace
$2,199,000 USD
415-278-7838
8 Persia Ave, San Francisco, CA for Sale
$2,199,000 USD
Office - FOR SALE
1/8
null | 7.49% Cap Rate

8 Persia Ave
San Francisco, CA 94112
Mission Terrace


HIGHLIGHTS

  • Prominent Corner Location Along Well-Trafficked Retail Corridor. Excellent Signage Opportunities. Near Transportation, Institutions, and Retailers
  • 2-Unit 7,110 Square Foot Commercial Property with Abundant Natural Light Throughout and High Ceilings on the Ground Floor. Concrete Construction
  • Perfect for an Owner-User that can Occupy While Collecting Rent from the Other Unit

OVERVIEW

Occupy the second floor and pay less than a lease at a comparable unit: Monthly Cost to Own 8 Persia/4696 Mission is ~$6,349/Mo. (SBA Mortgage minus Net Operating Income) VS. Average Cost to Lease a Comparable 3,560 SF Unit is ~$11,223/Mo. 8 Persia Avenue/4696 Mission Street is a commercial property located on a signalized corner in the Mission Terrace District of San Francisco. The property is +/-7,110 square feet. It features wraparound frontage along Mission Street, Persia Avenue, and Ruth Street, enabling highly visible signage opportunities. The ground floor is a retail space of +/-3,550 square feet, characterized by high ceilings, abundant natural light, an open retail area, and storage rooms. This space is currently leased to a beauty shop with a lease term ending in 2028. The +/-3,560 square foot second floor is ideal for an office, retail, or professional services owner-user who can occupy it while collecting rent from the ground floor tenant. Mission Terrace boasts excellent transportation connectivity; MUNI bus/light rail, BART, and Highway 280 are all within moments of the property. Key thoroughfares like Ocean Avenue, Alemany Boulevard, and Mission Street provide a constant source of traffic. It’s also a hub for restaurants and retailers, and is near the City College of San Francisco. The investment appeal of the property is its prominent corner location, owner-user potential, and flexible allowable uses.

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4696 Mission St

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,120 SF

ZONING

NCD

APN/PARCEL ID

6955-043

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.