3230 Scott, San Francisco, CA, CA 94123
- $2,450,000
- List Price
- $2,450,000
- Status
- ACTIVE
- MLS#
- WS26104871
- County
- San Francisco
- Square Feet
- 3,599
- Lot Size (acres)
- 0.0631
- Lot Location
- Near Public Transit, Rectangular Lot
- Days on Market
- 76
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Wonderful investment opportunity to acquire the fee simple interest in a two-unit mixed-use commercial property in San Francisco, West of Van Ness Submarket. Nestled in the heart of San Francisco’s coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio. • Highly Desirable Location: Situated in the Marina District, one of San Francisco’s most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand. • Mixed-Use Composition: Two-unit property with ground-floor retail and residential/commercial office space above, catering to both commercial and residential tenants. • Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations. • Favorable Lease Terms: Leases extending into 2028 and 2026, providing long-term income stability. • Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor. • See OM in Supplements for more info
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Additional Information
- Parcel Number
- 0489024
- Gross Scheduled Income
- $157,800
- Operating Expense
- 6000
- Lot Features
- Near Public Transit, Rectangular Lot
- Water
- Public
Listing courtesy of Listing Agent: Austin Ng (austinng@kw.com) from Listing Office: KW Executive.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.