This space has proven wildly successful for the past concepts that called 1453 18th Street in Potrero Hill their home!  From the likes of Chez Maman, the iconic SF French bistro, Mac Daddy, Asimo's,  Just For You Bakery; this space oozes charm and holds a vibrant restaurant history.  During the best years this space has been known to have generated over $1.25million in sales.    The 500sf space is located in a historic building that was constructed in 1905.  Given its historic designation, a new tenant will NOT have to upgrade the one restroom to current ADA standards. There is current supporting paperwork from The City to support this.  However a new tenant would be able to invest in this kind of upgrade if they choose, all with the Landlord and The City's consent.     The space is timeless in nature, with a 10 Seat Diner-Style Counter that separates dining guests from the open kitchen.  There is space for 6Top Table in the front window, two 2-top sidewalk tables, and 8-12 more seats in the shared Parklet in front of the space.  Given the size of the space it can be run with a small team, thus little labor or related operational overhead.   The kitchen boasts a 12'Type 1 Hood.  There is a small prep room w/sink and space for a new 3-comp sink.  The existing bathroom is located through the kitchen and prep room. There is also a back brick enclosed area for trash and added storage.  Upstairs there is a dry storage room and office.    Potrero Hill is one of San Francisco's top neighborhoods. The immediate blocks have thriving restaurants including the wildly popular Chez Mamen East, Plow, Mochica, Goat Hill Pizza and much more! This safe area overlooks downtown SF and feels removed from the issues and ongoings that take place in many other SF neighborhoods.    This iconic space will be LEASED FAST!!  Be the next Big concept in this cozy 500sf space that has been home to so much previous and proven success. Read all about this in SF Apartment Magazine (Sept 2023 Edition) right here: https://sfam.app.box.com/s/9xrod97ehm1a87foojy40n1a9h2ygmhk  

General Info

  • OrganizationInc
  • EstablishedN/A
  • Current OwnerN/A
  • EmployeesN/A
  • Reason For SaleNone

Facilities

  • SeatingContact for Info
  • Square FeetContact for Info
  • ParkingEasy Free and Metered Street Parking
  • LicensesContact For Info
  • Open HoursN/A

Lease

  • Rent$4,000 + NNNs
  • ExpirationNew Great Lease (Min 5yr term + 5year option)
  • Yearly Increase3%
  • OptionYES - New Lease for New Tenant
  • DepositThree months rent

Financials

  • Monthly RevenueN/A
  • Monthly Cash FlowN/A
  • Annual RevenueN/A
  • Annual Cash FlowN/A
  • PayrollN/A

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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