249 Grand Ave, South San Francisco

$2,295,000 249 Grand Ave, South San Francisco, CA 94080, South San Francisco, AL 94080

INVESTMENT HIGHLIGHTS

  • Vacant Downtown Ground Floor Bar With On-Site Consumption Type 48 Liquor License And (1) Two-Bed/One-Bath Residential Flat.
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  • SBA Financing Available With As Low As 10% Down Payment.
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  • Over 1,500 Market Rate Rental Units Within Walking Distance.
  • Opportunity To Own And Operate A Bar, One Of Only Three In Downtown South San Francisco.
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  • Plans Available To Convert Bar To A Restaurant And Add 899 SqFt
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  • Large Backyard Patio and Four + Parking Spaces

 

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,650 SF
Building Class
C
Year Built
1914
Price
$2,295,000
Price Per SF
$866
Cap Rate
4.07%
NOI
$93,407
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Land Acres
0.09 AC
Zoning
CL00C2 - Grand Avenue Core (GAC) zoning district which allows for continuous retail frontage with high-density residential above.
Parking
4 Spaces (1.51 Spaces per 1,000 SF Leased)
Frontage
24 FT on Grand Ave
Request Info
  • For Sale
    Status

Features & Amenities

Area & Lot

  • Status: For Sale

Financial

  • Sales Price: $2,295,000

249 Grand Ave, South San Francisco

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During his past experiences, Hanna John has gained particularly strong knowledge and hands-on experience in maneuvering complex multi-faceted value-add investments.
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