2256 Market Street

San Francisco, CA 94114
Beds
3
Square Ft.
6,167
$3,054,000
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.]
Courtesy of Matthew Sheridan, Maven Commercial, Inc., .
Listing Snapshot
Days Online
19
Last Updated
Beds
3
Square Ft.
6,167
Lot Size
0.07 Acres
Year Built
1904
MLS Number
425037046
30 Days Snapshot Of 94114
$2.06M
-19%
(avg) sold price
24
+33%
homes sold
58
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Dishwasher", "Free-Standing Gas Range", "Free-Standing Refrigerator"
Building
Built in 1904, Living area: 6,167, Levels: "Four", 3 stories
Laundry
"Common Area", "Washer/Dryer Hookups"
Lot
0.066 acres, 2,875 square feet, "None"
Property
Zoning: NVT - Upper Market
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Dan Chang
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.