A Triple NET for commercial units! An incredible investment opportunity! The building is situated in a prime San Francisco Central Richmond location, comprises a total of 15 units with 7 commercial units at ground floor and 8 residential units at upper floor. The property boasts approximately 13,160 square feet of rentable spaces, proximity to essential amenities, making it an appealing destination for both businesses and residents. icon tenants including a Sterling bank, post office, and renowned restaurants, offering convenience and HIGH foot traffic for commercial ventures. Many of the residential units have been thoughtfully remodeled, showcasing modern upgrades that enhance their appeal, feature granite kitchens and newly tiled bathrooms. Excellent location at the corner of 19th Ave. and Geary Blvd. Ideal for owner user and investors. Current cap rate of 7.75% and Pro Forma cap rate 10.19%! This property presents a turn-key investment opportunity with upside in rents. Excellent walker's paradise and investment opportunity!
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Courtesy: Christina C. Chung - Coldwell Banker Realty
Arrows indicate 90 day trend
