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$ 2,450,000
Est. payment | /mo
2,748 Sqft Lot
$ 2,450,000
Est. payment | /mo
2,748 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25032339
HOA Y/N No
Tax Year 2024
Lot Size 2,748 Sqft
Property Sub-Type Mixed Use
Property Description
Wonderful investment opportunity to acquire the fee simple interest in a two-unit mixed-use commercial property in San Francisco, West of Van Ness Submarket.
Nestled in the heart of San Francisco's coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio.
• Highly Desirable Location: Situated in the Marina District, one of San Francisco's most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand.
• Mixed-Use Composition: Two-unit property with ground-floor retail and residential/commercial office space above, catering to both commercial and residential tenants.
• Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations.
• Favorable Lease Terms: Leases extending into 2028 and 2026, providing long-term income stability.
• Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor.
• See OM in Supplements for more info
Nestled in the heart of San Francisco's coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio.
• Highly Desirable Location: Situated in the Marina District, one of San Francisco's most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand.
• Mixed-Use Composition: Two-unit property with ground-floor retail and residential/commercial office space above, catering to both commercial and residential tenants.
• Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations.
• Favorable Lease Terms: Leases extending into 2028 and 2026, providing long-term income stability.
• Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor.
• See OM in Supplements for more info
Location
State CA
County San Francisco
Interior
Fireplace No
Laundry None
Exterior
Present Use Investment
Building
Lot Description Near Public Transit, Rectangular Lot
Story 2
Water Public
Others
Tax ID 0489024
Special Listing Condition Standard
Listed by Austin Ng • KW Executive • 626-872-2207
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”