For Sale
$2,199,000

8 Persia AveSan Francisco, CA 94112

7,110 SF, 2-Unit Office/Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,110 square foot commercial property, situated on a prominent corner lot in San Francisco's Mission Terrace district at 8 Persia Ave/4696 Mission St, presents a unique owner-user opportunity. The building, constructed in 1953, boasts concrete construction and features two units. The ground floor comprises approximately 3,550 square feet of retail space, currently leased to a beauty salon until 2028, with high ceilings, abundant natural light, an open area, and storage rooms. The second floor offers approximately 3,560 square feet, perfect for an owner-user seeking office, retail, or professional services space. This flexible space allows for diverse uses, maximizing investment potential. The property benefits from a highly visible location on a signalized corner, providing excellent signage opportunities along Mission Street, Persia Avenue, and Ruth Street. Its location offers convenient access to public transportation, including MUNI bus/light rail, BART, and Highway 280, as well as numerous restaurants, retailers, and City College of San Francisco. The asking price is $2,199,000, with a Net Operating Income (NOI) of $164,672 and a 7.49% cap rate. The lot size is 4,120 square feet, and the property features abundant natural light and high ceilings on the ground floor. This is an ideal investment for an owner-user seeking to occupy one unit while generating rental income from the other, offering a compelling alternative to leasing comparable space. The property's strong location, flexible use potential, and current income stream make it a highly attractive investment opportunity.

Highlights

  • High-visibility corner lot in San Francisco's Mission Terrace District with excellent signage potential.
  • 7,110 square foot, two-unit commercial building with abundant natural light and high ground floor ceilings; concrete construction.
  • Ideal owner-user opportunity: occupy one unit while generating rental income from the other.
  • $2,199,000 asking price, 7.49% cap rate, $164,672 NOI.
  • Located at 8 Persia Ave, San Francisco, CA 94112.
  • Property features 4,120 square foot lot and was built in 1953.

Property Details for 8 Persia Ave

Property type
Retail properties, Office properties
Square Feet
7,110 SF
Year Built
1953
Units
2

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7232648
Longitude
-122.4362763
8 Persia Ave, San Francisco, California

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8 Persia Ave
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