1217 Sutter StSan Francisco, CA 94109
- Retail properties
- 4,270 SF
Property Details for 1217 Sutter St
- Year built
- 1906
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 4,270 SF
- Zone code
- RC4
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 0691 -012A
- APU
- 0691012A
Description
This exceptional opportunity presents a thriving bar and lounge for sale at 1217 Sutter Street, San Francisco, CA 94109. Located in the vibrant Polk Street Corridor, a prime nightlife destination, this Class B property boasts 4,270 square feet of newly remodeled space. The turnkey operation includes all furniture, fixtures, and equipment (FF&E), a fully equipped kitchen with a Type 1 hood, and a 47 liquor license. Currently generating approximately $110,000 in monthly gross sales and $30,000 in monthly net operating income (NOI), this business offers significant upside potential. The current operating hours are primarily weekend nights, presenting a clear opportunity to expand weekday operations and significantly increase revenue. Below-market rent is secured until 2030, providing financial stability and long-term value. High foot and vehicle traffic in this area, alongside numerous neighboring restaurants and bars, ensures a strong customer base. This is a rare chance to acquire a highly profitable, established business in a coveted San Francisco location. The property is a single unit business only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,682,829
- 6.5%
- $1,553,381
- 7%
- $1,442,425
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,048,208
- Geo Method
- $3,001,183
-
Alternative Use
- Use
- Valuation
- Residential
- $1,310,335
- Hospitality
- $1,200,260
- Educational
- $998,602
- Medical
- $1,032,946
- Retail
- $1,553,381
Location Insight
- City
- San Francisco
- County
- San Francisco
- State
- California
- Latitude
- 37.7874
- Longitude
- -122.42
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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