3900 3Rd StSan Francisco, CA 94124

This exceptional mixed-use property at 3900 3rd Street in San Francisco, CA 94124, presents a compelling investment opportunity. Built in 1913, this grand building boasts period architecture and details, previously operating as a hotel. Currently vacant, the property offers two street-level commercial spaces, each equipped with individual gas heaters, electric meters, and bathrooms. The front space, formerly a coffee shop, and the rear space, previously an art gallery, benefit from a highly visible corner location on the bustling 3rd Street corridor. Upstairs, twenty single-occupancy residential rooms are available, each featuring a sink, gas wall heater, small refrigerator, and microwave. Each floor houses ten residences, along with a shared shower room and toilet. A manager's unit with a private bath is also included. The building features a full height basement with ample storage, a separate garbage enclosure, and a small outdoor area. Significant upgrades include a fully sprinklered system and some completed seismic updates. The property is served by one gas meter for residential use and another for commercial use. Its prime location on the 3rd Street T-Line, across from a busy shopping mall, and with easy freeway access and proximity to Downtown San Francisco, ensures high visibility and strong potential for future growth. The asking price is $3,500,000.