Listed by N17 Development
$4,900,000
1394 Harrison Street
Details
Property Type Special Purpose
Sub Type Car Wash
Cap Rate 6.14%
NOI $301,000
Lot Size (SqFt) 7,600
Zoning RCD (Regional Commercial District)
Special Purpose | 6.14% CAP
Marketing description
Prime Investment Opportunity, San Francisco, CA
Priced at $4.9M, with a net operating income of $301,000, this property offers a cap rate of 6.14%. The combination of a profitable existing business, favorable zoning, and substantial development potential in one of San Francisco’s most sought-after neighborhoods makes 1394 Harrison Street an exceptional investment opportunity.
Investment highlights
- Zoning: the property is zoned as rcd (regional commercial district), permitting a variety of commercial uses, including retail, office spaces, and service establishments, while also allowing for residential developments. This zoning encourages a mix of uses that serve both the local neighborhood and the broader region.
- Facility features:
- Five spacious self-service bays equipped with high pressure washing systems
- Separate vacuuming bays
- The property has its own water well, providing a sustainable and cost-effective water source.
- Simple operations
- Operational excellence: renowned for its round-the-clock service.
- Development potential: encompassing a 7,600 sq ft lot, the property presents a prime development opportunity. Its strategic location near major tech hubs enhances its appeal for future mixed-use or commercial projects.
Listing Contacts
Listed by N17 Development
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$301,000.00
$25,083.33/mo
Valuation Metrics
0
DSCR
6.14%
Cap Rate
6.14%
ROI
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