ADD VALUE ASSETS - Two Contiguous Buildings in Chinatown/Financial District
$2,500,000
522-528 Grant Ave, San Francisco, CA 94108
8.57
Cap Rate
214,305.88
NOI
Details:
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
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.
The property is located on the bustling Grant Avenue in Chinatown, a prime area for pedestrians and vehicles alike, drawing visitors to top restaurants, retailers, and tourist spots. Just blocks from the Financial District, Union Square, and Jackson Square, the neighborhood offers diverse dining and shopping options. Nearby landmarks include the Kearny Street “Foodie Corridor,” Central Subway, Transamerica Pyramid, Union Square, and the San Francisco Cable Car Museum.
Location
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