Own a piece of history! Perfectly located on one of the Bay Area's most vibrant downtown strips, this is a rare opportunity to own an iconic mixed-use commercial/residential building. Ground floor commercial was originally a butcher shop but has been occupied for nearly 80 years by a cocktail bar. The current adjusted net income is $70,695. Street level commercial is approx. 1,550 sf with two half baths, storage and outdoor patio, 2nd level residential is approx. 1,097 sf and offers 2 bedrooms,1 bath with living room, dining room, kitchen and outdoor deck. Ideal access to: 101, Caltrain, BART, 15 minutes from downtown SF, SF airport and 30 minutes from Silicon Valley! Net operating income on this rental is currently $57,214.

General Info

  • OrganizationSole Proprietorship
  • Established1941
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleRetirement

Facilities

  • SeatingContact For Info
  • Square Feet2,647
  • ParkingStreet and Parking Lot
  • LicensesContact For Info
  • Open Hours7am - 10pm 7 Days a Week

Lease

  • RentContact for Info
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$26,948
  • Monthly Cash Flow$11,097
  • Annual Revenue$312,285
  • Annual Cash Flow$133,167
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location