Rare Retail/Office Opportunity in Popular Fisherman's Wharf Area

Highlights:

• Rare Retail/Office Opportunity in Popular Location
• Newly Renovated, Contemporary 8,700 SF Building
• Delivered Vacant at Closing
• Stunning views of Bay and Downtown Skyline
• 5.28% Cap Rate
• Zoning Allows Many Uses

Description:

1331 Columbus Ave is a rare opportunity for an owner-user or investor to purchase a vacant, contemporary building in a fantastic neighborhood with a projected cap rate of 5.28%. It is a newly renovated four-story retail/office building, located right in the popular Fisherman’s Wharf area, San Francisco’s most famous waterfront community. The building spans approximately 8,700 square feet with retail space on the ground floor and three floors plus mezzanine of office space. 1331 Columbus boasts a glass atrium and large windows that add architectural flair and immerse the interior with natural light. It features one elevator, one restroom on each floor (two restrooms on the fourth floor), newly renovated kitchenette on the 2nd floor, back garden patio, and sun deck with a view of Alcatraz. The highlight of Columbus Ave is the breathtaking panoramic views of Golden Gate Bridge, Alcatraz, Coit Tower, and the downtown skyline on the roof. Recent renovations include, but not limited to, exterior and interior paint, disabled access upgrades, remodeled kitchen and restrooms, sprinkler system, new foundation anchors, and new carpet.

This North Waterfront location has a Walk Score of 94 and Rider Score of 91 and is in close proximity to public transportation and numerous cafes, shops and restaurants. The building is located across the street from the quaint Joseph Conrad Square, near the Cannery, Ghirardelli Square, Fisherman’s Wharf, and high-end Kimpton Hotels, Argonaut and Caza.

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