Active
8 Persia Avenue
San Francisco CA, 94112
$2,199,000
$309.28 per sqft
Active
7,110 sqft
Commercial
Built in 1953
Occupy the second floor and pay less than a lease at a comparable unit: Monthly Cost to Own 8 Persia/4696 Mission is ~$6,349/Mo. (SBA Mortgage minus Net Operating Income) VS. Average Cost to Lease a Comparable 3,560 SF Unit is ~$11,223/Mo. 8 Persia Avenue/4696 Mission Street is a commercial property located on a signalized corner in the Mission Terrace District of San Francisco. The property is +/-7,110 SF. It features wraparound frontage along Mission St, Persia Ave, and Ruth St, enabling visible signage opportunities. The ground floor is a retail space of +/-3,550 SF, characterized by high ceilings, abundant natural light, an open retail area, and storage rooms. This space is currently leased to a beauty shop with term ending in 2028. The +/-3,560 SF second floor is ideal for an office, retail, or professional services owner-user who can occupy it while collecting rental income. Mission Terrace boasts excellent connectivity to MUNI, BART, and Hwy 280. Key thoroughfares like Ocean Ave, Alemany Blvd, and Mission St provide a constant source of traffic. It's also a hub for restaurants and retailers and is near CCSF. The investment appeal of the property is its prominent corner location, owner-user potential, and flexible allowable uses.
424041436
MLSⓇ ID
May 7, 2024
Listed
October 26, 2024
Updated
Map
8 Persia Avenue
San Francisco CA, 94112
Interior Features
Total Stories
0
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Other Property Details
Area Name
SF District 10
Days on Market
134
Garage
No
Parking Total
0
View
No
County
San Francisco
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/4/2024 | Price change | $2,199,000 -13% |
Listed by Jeremy Lee with Compass Commercial
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 10/26/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kevin Cole Cormack shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:39 AM UTC, 10/26/2024