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Listed by Dan McGue Coldwell Banker Commercial Realty
$ 5,300,000
Est. payment | /mo
6,032 SqFt
$ 5,300,000
Est. payment | /mo
6,032 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 6,032 sqft
Price per Sqft $878
MLS Listing ID 426139076
HOA Y/N No
Year Built 1977
Lot Size 3,907 Sqft
Acres 0.0897
Property Sub-Type Retail
Property Description
LOOKOUT! Iconic San Francisco Building For Sale! For the first time in nearly 50 years, a legendary piece of San Francisco history is up for grabs at the ultra-high-traffic intersection of Market, 16th, and Noe Streets! This trophy asset in the coveted Duboce Triangle/Castro district is a powerhouse of passive income, featuring four sun-drenched retail spaces anchored by three thriving, long-term tenants. The street level boasts maximum visibility with Max Muscle dominating the corner for over two decades, El Tucan Tacos drawing massive crowds to its vibrant outdoor commercial parklet, and a flexible ground-floor annex perfect for neighborhood pop-up shops. The building's crown jewel is The Lookouta legendary neighborhood staple for nearly 20 yearswhich occupies the entire second floor, boasting a massive 237-person capacity, a full commercial kitchen, and jaw-dropping, wrap-around views of the bustling district. Engineered for seamless ownership, this low-overhead investment features independent meters and hot water heaters for all units, alongside highly desirable NNN leases (with a protective tax reimbursement cap for The Lookout), offering a savvy investor a once-in-a-generation opportunity to own the ultimate Castro landmark!
Location
State CA
County San Francisco
Area Sf District 5
Interior
Fireplace No
Building
Level or Stories Mezzanine
New Construction No
Others
Tax ID 3561015
