Overview

Description

50 29th Street is a +/-2,201 SF commercial condo located in the Bernal Heights district of San Francisco.

The property is part of a 3-story building which consists of 33 residential units and 7 retail storefronts. The condo is approximately 2,201 SF split between two levels, a ground level storefront facing 29th Street and a lower level that has access to a shared outdoor patio. The unit is currently tenant occupied.

The property is in Bernal Heights, a neighborhood that is best known for its convenient location just south of the Mission District and for its hilly park with amazing views of downtown. Bernal Heights has evolved into an upscale neighborhood in the last five years, having been a hidden gem before its transformation.

The investment appeal of 50 29th Street is its excellent location and owner-user potential.

Bernal Heights is a neighborhood with an interesting history and a reputation as one of the most desirable uptown neighborhoods in the city. Best known for its prominent hill at Bernal Heights Park as well as some lively retail corridors along Mission Street and Cortland Avenue, Bernal Heights is an excellent urban village featuring a variety of mom & pop markets, cafes, restaurants, and personal care businesses that have thrived with the neighborhood.

The neighborhood is popular among young well-off families who are attracted to amenities like the Alemany Street Farmers Market, Bernal Heights Park, the surprising variety of restaurants, and proximity to the exciting Mission District to the north. The excellent vibe and atmosphere of Bernal Heights makes it a great place for new businesses to establish themselves.

Accessibility is a breeze with 24th Street Mission BART, Highway 101, and Interstate 280 all conveniently located within a 5 minute drive from the property, though much can be done within a short walk.

Highlights

• Located in the Bernal Heights Neighborhood, Near Busy Mission Street
• +/- 2,201 SF Commercial Condominium
• Owner-User Potential
• 2024 Monthly HOA Dues: $1,192.16 and Includes Management/Accounting Fees, Earthquake Insurance, Building/Structure Insurance, and Water/Sewage

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