$12,250,000 For sale

901 Valencia Street # 28

San Francisco, CA 94110

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Description

$12,250,000
901 Valencia Street # 28
San Francisco, CA 94110

The 18,120 square foot property was built in 1908 and sits on a 5,174 square foot lot. The building consists of eight apartment units on the 2nd,3rd and 4th floors and four commercial spaces on the ground floor. Three of the four retail spaces (approx. 2,685 sq ft on street level + approx. 2,685 basement) are currently leased to MIXT Greens and the fourth space is currently vacant (approx. 1,402 sq ft). The lease provides for annual bumps in the rent and a CAM, property tax and insurance recapture at 29.65%. The tenant has (2) five year options to extend the lease at market rate. Over $1,000,000 in recent improvements including new paint, roof, lighting. Tremendous upside in the rents.

11/26/2018
5+ Units
901 Valencia Street San Francisco, CA 94110
N/A
Bed
N/A
Bath
0
Parking
sqft
18120
MLS#
479001
Year built
0
loft sqft
5174.00
DOM
14
price/sqft
$676.05
unit
28
Contact me for details:
Your Name

Location

Listing Provided by:
Clinton Textor (DRE#01318639)
Marcus & Millichap
Nicholas E. Bonn (DRE#01952724)
Marcus & Millichap

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