522-528 Grant Ave | 4-Unit Retail | Financial District | Chinatown Neighborhood
$2,900,000
522-528 Grant Ave, San Francisco, CA 94108
9.12
Cap Rate
264,381.232
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 Thirds 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 highly trafficked Grant Avenue Commercial Corridor in Chinatown; vehicles and pedestrians frequent this street in search of San Francisco’s best restaurants, retailers, and tourist attractions. The property is just blocks away from other popular submarkets such as the Financial District, Union Square, and Jackson Square. The neighborhood is one of the most culturally diverse in the city - within blocks of the property are exceptional Asian and European restaurants and retailers ranging from the exquisitely posh to the everyday affordable establishments. The area surrounding the property has attractive amenities and energy to satisfy all tastes.
Notable landmarks and highlights near the property include the Kearny Street “Foodie Corridor”, the soon-to-be-completed Central Subway, 555 California Street high-rise, the Transamerica Pyramid, Union Square, Gordon J. Lau Elementary School, Portsmouth Square, the Betty Ong Rec Center, and the San Francisco Cable Car Museum.
Location

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