Metropolitan Hotel
Metropolitan Hotel, located in San Mateo County is a 69 Unit property with 2 commercial spaces.
Marketing description
The Ehmer Group is proud to announce an investment opportunity to Purchase The Metropolitan Hotel, located in Downtown South San Francisco, CA for $6,995,001. The property is a mixed use 69 unit building consisting of 68 SRO’s and one three bedroom unit. The property is three stories and includes ground-level retail space with two commercial tenants. At close of escrow the Buyer will own the property in Fee Simple and can assume all operations and management responsibilities. This is an exciting opportunity to purchase a property with below market rents in a rapidly changing and dynamic area of South San Francisco, one of the world’s most valued and sought after commercial real estate markets.
Investment highlights
Investment Highlights:
• 68-Room Metropolitan Hotel plus a Three Bedroom Unit
• Development Potential for Commercial Hotel or Multi-Residential Building
• Two Ground Floor Retail Tenants are in One of the Busiest Areas of South San Francisco
• Surrounded by Restaurants, Shopping, and Major Public Transportation Hubs
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