3232 Scott Active Save Request In-Person Tour Request Virtual Tour
San Francisco,CA 94123
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25032339
HOA Y/N No
Tax Year 2024
Lot Size 2,748 Sqft
Property Sub-Type Mixed Use
Property 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
Location
State CA
County San Francisco
Interior
Fireplace No
Laundry None
Exterior
Present Use Investment
Building
Lot Description Near Public Transit,Rectangular Lot
Story 2
Water Public
Others
Tax ID 0489024
Special Listing Condition Standard