21
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Listed by Jack Markey CBRE
$4,500,000
Est. payment /mo
7,493 SqFt
New
3284 Mission ST San Francisco, CA 94110
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,493 sqft
Price per Sqft $600
MLS Listing ID 426171524
HOA Y/N No
Year Built 1906
Lot Size 7,997 Sqft
Acres 0.1836
Property Sub-Type Mixed Use
Property Description
3284 Mission Street (the Property) is a four-unit mixed-use asset built in 1906, situated on a 0.18-acre lot along the Mission Street commercial corridor. The Property is comprised of two ground-floor retail tenants, a barbershop and a cafe, and two residential units above that are currently vacant. The Property's configuration offers a new owner flexibility: stabilize and reposition the existing improvements, or pursue a larger redevelopment play on a site that is increasingly scarce in this part of San Francisco. The Property presents a compelling value-add opportunity. With the residential units delivered vacant, a new owner can renovate and lease them at today's market rents without relocation costs or tenant-protection constraints, while the in-place retail tenants provide immediate corridor activation and income. For the developer-minded buyer, the site offers significant redevelopment potential. The existing structure is well-suited to demolition and replacement with a new apartment building, a mixed-use project that retains ground-floor retail, or a condominium project, subject to entitlement and zoning review. The Property's location on Mission Street places it within walking distance of the shops, restaurants, and services of the surrounding neighborhoods and directly on a major bus corridor. The address carries a CoStar Pedestrian score of 90 and an Exceptionally Friendly designation, with Transit and Cycling scores of 80, both rated Very Friendly, connecting residents to Downtown San Francisco without a car.
Location
State CA
County San Francisco
Area Sf District 9
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 6596011
NEARBY SCHOOL & BUSINESS
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