2525-2533 Ocean Avenue, SF, CA 94132

This mixed-use retail and office building offers a value-add opportunity in San Francisco's Lakeside Village neighborhood. The 12,200 gross square foot property features 7,000 rentable square feet configured as three commercial suites: a restaurant space (renovated in 2021), an occupied dental office, and a vacant office suite. Listed at $2,500,000, the 1946-built property is in excellent condition and provides flexibility to either negotiate a dental tenant leaseback or take delivery fully vacant.

The property projects total annual base rent income of $270,000 based on market rents for restaurant and office space, generating an 8.15% cap rate. The current vacancy allows immediate leasing opportunities while benefiting from recent restaurant improvements that reduce capital requirements.

The property combines location stability with repositioning upside in a supply-constrained market. The flexible suite configuration accommodates restaurant operators, medical professionals, and office users. With 2021 restaurant renovations completed and Ocean Avenue's established commercial presence in Lakeside Village, this acquisition provides income generation potential through active leasing at an attractive price point for the San Francisco market.