Here is a rare and exceptional opportunity to acquire a retail condo near one of San Francisco's largest entertainment and sporting event arenas. This property offers a range of possibilities for prospective buyers, making it a versatile and high-potential investment.
Investment Highlights:
• Strategic Location: Situated in the vibrant heart of San Francisco, this retail condo enjoys proximity to one of the city's premier entertainment and sporting event arenas, ensuring a constant flow of foot traffic and a captive audience.
• Lease in Place: The property currently has a lease in place, providing a stable income stream for investors. The existing tenant is thriving, and the lease offers a 5.5% cap rate, making it an attractive option for those seeking a solid return on their investment.
• Owner-Operator Opportunity: Alternatively, a prospective buyer has the option to terminate the existing lease and operate their own business. Passible concepts include fast casual - quick serve style restaurant, ice cream, boba or a retail UPS/FedEx store. There are many options given the proximity to the stadium and the captive audience of residents in the area.
• Growth Potential: The business's growth potential is further enhanced by the fact that the owner is currently absentee, allowing an owner-operator to bring their vision and enthusiasm to take the establishment to new heights. The business is currently open for limited hours, leaving room for expansion and increased revenue.
This unique retail condo presents a promising investment opportunity in a prime San Francisco location. Whether you are an investor looking for stable returns or an entrepreneur eager to run your own business in a high-traffic area, this property offers a multitude of possibilities. Don't miss out on this exciting opportunity to be a part of San Francisco's thriving business landscape. Contact us today to schedule a viewing and explore the potential of this property.
General Info
- OrganizationCorporation
- Established2022
- Current OwnerContact For Info
- EmployeesContact for Info
- Reason For SaleOther Interests
Facilities
- Seating19
- Square FeetContact for Info
- ParkingMetered Street Parking and Paid Parking Lots
- LicensesABC Beer and Wine, Business and Health Permit
- Open Hours11am - 3pm Monday - Friday
Lease
- RentReal Estate Included, $332 HOA (includes water and trash)
- ExpirationN/A
- Yearly IncreaseN/A
- OptionN/A
- DepositN/A
Financials
- Monthly RevenueContact for Info
- Monthly Cash FlowContact for Info
- Annual RevenueContact For Info
- Annual Cash FlowContact for Info
- PayrollContact For Info
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.