CA > San Francisco
San Francisco, CA 94114,2256 Market ST
San Francisco, CA 94114,2256 Market ST
San Francisco, CA 94114,2256 Market ST
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Matthew C Sheridan Maven Commercial, Inc.
$3,054,000
Est. payment /mo
3 Beds
6,167 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,167 sqft

Price per Sqft $495

MLS Listing ID 425037046

Bedrooms 3

HOA Y/N No

Year Built 1904

Lot Size 2,874 Sqft

Acres 0.066

Property Sub-Type Mixed Use

Property Description

Combined price of $6,975,000. 2256 Market Street (9 units) and 2260 Market Street (7 units) are two mixed-use buildings offered as a single investment property in the heart of San Francisco's Upper Market/Castro neighborhoods. The two retail spaces are fully leased to stable tenants--Walgreens Pharmacy, through at least 2035, and StretchLab, a popular fitness studio, through 2035. The residential component consists of 14 apartments/flats. Both buildings are separately metered for electricity, while one is master-metered for gas. With a stabilized mix of commercial and residential tenants, strong income, and low operating expenses, this rare investment opportunity offers a projected 7.37% rate of return and a 9.01 GRM [Offered as a single investment; please also see 2260 Market Street; MLS listing 425037084.]

Location

State CA

County San Francisco

Area Sf District 5

Zoning NVT - Upper Market

Interior

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator

Laundry Common Area, Washer/Dryer Hookups

Building

Lot Description None

Story 3

Level or Stories Four

New Construction No

Others

Tax ID 3560009

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San Francisco MLS - SFAR

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agent

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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