3232 Scott,San Francisco, CA 94123
San Francisco, CA 94123
Description
Wonderful investment opportunity to acquire the fee simple interest in a two-unit mixed-use commercial property in San Francisco, West of Van Ness Submarket. Nestled in the heart of San Francisco’s coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio. Highly Desirable Location: Situated in the Marina District, one of San Francisco’s most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand. Mixed-Use Composition: Two-unit property with ground-floor retail and residential/commercial office space above, catering to both commercial and residential tenants. Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations. Favorable Lease Terms: Leases extending into 2028 and 2026, providing long-term income stability. Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor. See OM in Supplements for more info
Details
| MLS # | WS25032339 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 129 |
| Listing Provided By | KW Executive 626-872-2207 | Austin Ng |
Features
| SQ Feet | 3,599 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.06 |
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Learn More About This Property
| State | CA |
|---|---|
| County | San Francisco |
| City | San Francisco |
| Zip Code | 94123 |
| Listing VS Median (in 94123) | |
Price: $2,450,000 low | high Med: $2,969,000 SqFt: 3,599 low | high Med: 3,925 $ / SqFt: $681 low | high Med: $751 On site: 129 low | high Med: 80.500000 | |