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Listed by Robert Mann Touchstone Commercial Partners Inc.
$2,980,000
Est. payment /mo
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $596
MLS Listing ID 425068186
HOA Y/N No
Year Built 1907
Lot Size 1,149 Sqft
Acres 0.0264
Property Sub-Type Mixed Use
Property Description
Touchstone Commercial Partners, Inc. is pleased to present 883 Sacramento Street in San Francisco, California an outstanding opportunity for both owner-users and investors. Ideally located between the Financial District and Nob Hill in the heart of Chinatown, this 5,000 square foot mixed-use building offers exceptional potential for residential, office, or live/work use. The property's flexibility supports a wide range of ownership strategies, particularly with the 3-bedroom, 2-bath owner's unit soon to be delivered vacant. An owner may choose to occupy the residence while benefiting from supplemental rental income from the commercial and studio spaces. Alternatively, the residence can be leased to generate a fully stabilized investment achieving a cap rate above 6%. There is also the option to occupy the commercial space for one's own business use. 883 Sacramento Street is comprised of two levels of commercial space, a studio apartment, and a two-story, 3-bedroom, 2-bath residence with a private rooftop deck offering sweeping views of Downtown San Francisco and Coit Tower. With its prime location in one of the city's most vibrant neighborhoods, this property presents a rare and versatile investment opportunity.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0242025
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