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31821542
31821543

522 Grant Ave, San Francisco, CA 94108

BL
CA California 01203473, CA 01203473
Compass San Francisco
JL
CA 01951309
Compass San Francisco
Listed by Compass San Francisco
$2,500,000
42 days on market
Updated 28 days ago

522-528 Grant Ave

Details
APN 0258-015, 0258-016
Property Type Retail
Sub Type Storefront
Square Footage 9,160
Units 4
Cap Rate 8.57%
NOI $214,306
Pro-Forma Cap Rate 8.85%
Pro-Forma NOI $221,310
Price per SqFt $273
Year Built 1910
Buildings 2
Lot Size (SqFt) 3,000
Ground Lease No

ADD VALUE ASSETS | 522-528 Grant Ave | Two Contiguous Buildings | Chinatown/Financial District

Marketing description

522-528 Grant Avenue is a 4-unit retail property in the Chinatown Neighborhood/Financial District of San Francisco.

The property is two connected buildings on contiguous parcels that must be sold together. The three-story property has three retail units on the ground floor and a 7,000 SF former restaurant on the second and third floors. The property will be delivered vacant at the close of escrow.

The property is located in the central business district of San Francisco. It straddles the borders of the Financial District, Union Square, Chinatown, and Jackson Square. Thus, it’s conveniently accessible for business professionals, tourists, and a dense concentration of residents.

The investment appeal of this property lies in its prime location on a bustling street and its fully vacant status.

Investment highlights

  • Excellent Location Adjacent to Several Significant SF Neighborhoods - Attracts Locals, Tourists, and Professionals
  • Add-Value 4-Unit Commercial/Retail Property - 3 Units on the Ground Floor. 7,000 SF Former Restaurant Space on the Second and Third Floors
  • Conveniently Serviced by Several Modes of Public Transportation Including BART, MUNI Metro (Via the New Central T Line), Bus, and Cable Car

Listing Contacts

BL
CA California 01203473, CA 01203473
Compass San Francisco
JL
CA 01951309
Compass San Francisco
Listed by Compass San Francisco

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$214,305.88
$17,858.82/mo

Valuation Metrics

0
DSCR
8.57%
Cap Rate
8.57%
ROI

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Additional Information

Name
Brian Leung
License
California 01203473
Name
Jeremy Lee
License
01951309
Brokerage
Compass
Brokerage Phone
4159889719
Title
Commercial Broker
Brokerage Address
891 Beach Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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