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Listed by Carol Reen Compass
$ 1,875,000
Est. payment | /mo
3,227 Sqft Lot
$ 1,875,000
Est. payment | /mo
3,227 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 424004155
HOA Y/N No
Lot Size 3,227 Sqft
Acres 0.0741
Property Description
Opportunity to Build a Mixed-Use, 8 Condos/1 Commercial, in the Vibrant Mission/Noe Valley/Bernal corridor. With +80.5k residents in the Mission Neighborhood, there is a need for New Housing, & people are looking for new buildings w/open modern concept living. Fully Entitled plans include: Newly Constructed Elevator Bldg for a total of 9 units: Seven 2BD units, One 1BD unit, Bike Storage, & 1 ground floor Commercial Space. The median salary of the area continues to rise above the current $166k/year, w/an anticipated 20% growth rate, so this build matches the demographic looking for modern & efficient living w/in an excellent commutable neighborhood. Approved Gross Sq Ft: 11,956 Sq Ft. This is an A+ location: close to 24th Street BART station, walkable to SF General Hospital & amazing restaurants like Lolinda, Foreign Cinema, La Taqueria, & so much more. Via BART, head to Civic Center in ~15 min & the Financial District in ~20 min. Corporate bus stops along Mission St include Google, Apple, Genentech, Facebook, EA, & more, allow for commuters to get to the Peninsula/South Bay. For those needing to get to SF International Airport by by BART or via Hwy 101, it's ~20 min. What took the Sellers 7 years to get Fully Entitled can be yours to 'Build & Sell' or 'Build & Lease' today.
Location
State CA
County San Francisco
Area Sf District 9
Zoning NC3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 6529007A