For Sale
$5,000,000

2766-2770 Mission St San Francisco, CA 94110

45-key hotel, prime San Francisco location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 45-key Single Room Occupancy (SRO) hotel situated at 2766-2770 Mission Street in San Francisco's vibrant Mission District. The property, built in 1912, encompasses a 10,972 square foot building on a 4,386 square foot lot. The two-story structure includes two retail storefronts currently leased month-to-month at $5,500 per month each, providing immediate income potential. Recent capital expenditures exceeding $450,000 over the past three years have included crucial soft story seismic upgrades. The hotel itself boasts 45 keys (31 permitted), and offers the potential for a master lease at $500 per room per month, or $22,500 monthly. The property's location offers high walkability, a dynamic nightlife, and convenient access to public transportation. This presents a compelling opportunity for owner-operators or absentee owners seeking a strong return on investment in a desirable San Francisco location. The property can be delivered 100% vacant, allowing for complete control and customization. The asking price is $5,000,000.

Highlights

  • 45-room SRO hotel in the Mission District.
  • Owner/manager unit included.
  • Two retail spaces, each leased at $5,500/month.
  • Can be delivered vacant.
  • Significant upside potential for owner-operators or absentee owners.
  • Potential for master lease at $500/room/month ($22,500/month total).

Property Details for 2766-2770 Mission St

Property type
Hospitality properties, Hotels
Square Feet
10,972 SF
Year Built
1912
Buildings
1

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.752726311277
Longitude
-122.41848062884

FAQs

What type of property is this?
Hospitality property - 45-key hotel, prime San Francisco location.
Where is the hospitality property located?
The property is located at 2766-2770 Mission St San Francisco, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 45-room SRO hotel in the Mission District.; Owner/manager unit included.; Two retail spaces, each leased at $5,500/month.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2766-2770 Mission St
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