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345 West Portal Ave San Francisco, CA 94127

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For Sale
$7,988,000

Multi-tenanted medical office building in San Francisco's West Portal.

Property size:
10,180 SF

Property Features for 345 West Portal Ave

General Information

Size
10,180 SF

Building Details

Year built
1966

Source: Catherine House, CRE, CCIM, FRICS Agent Catherine House, CRE, CCIM, FRICS

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

West Portal Medical Office Building

Located in the affluent commercial corridor of San Francisco's West Portal, this multi-tenanted medical office building presents an opportunity for purchase. The property is a well-maintained building with an elevator. It features 17 surface parking spaces located at the rear of the building. The building is 77.65% occupied and offers potential for increased occupancy. The in-place capitalization rate is 4.67%, with a pro forma capitalization rate of 7.76% once the two vacant suites are leased. The tenant mix includes four dentists, one medical doctor, and three professional office businesses. West Portal serves as the principal shopping district in southwestern San Francisco, with a tenant base primarily consisting of neighborhood residents who prefer to office close to home. The property benefits from transportation links to San Francisco and the Peninsula, with Muni stops located nearby. The property size is 10180 square feet.
Location Intelligence

Current Use by Public Records

Edward Jones - Financial ... Financial Consultant Dr. Lary J. ... Dentist Juliati Jones Dentist Dr. Monica Chmiel Orthodontist Heather Rishel Pediatric Dermatologist

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
San Francisco
County
San Mateo
State
California
Longitude
-122.4695279
Latitude
37.7371856

FAQs

What type of property is this?
Medical office - Multi-tenanted medical office building in San Francisco's West Portal.
Where is this medical office located?
The property is located at 345 West Portal Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $7,988,000.
What are key features of this property?
This property features: - High Proforma Cap Rate: Potential 7.76% return after leasing vacant suites.; - Multi-tenanted medical office building in an affluent San Francisco commercial corridor.; - Significant upside potential with two vacant suites available for lease.
More about this property
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