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    Commercial Property on Corner Location Title is generated by Realmo AI

    4-8 Persia Ave, San Francisco, CA

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    Two-unit commercial property with high ceilings and abundant natural light.

    Type:OFFICE
    Property size:
    7,110 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $309/SF
    Added:
    Aug 1, 2024
    Days on Market:
    678
    Last Refresh:
    May 19 at 8:32 pm

    Property Features for 4-8 Persia Ave

    General Information

    Standard status
    Active
    Size
    7,110 SF
    Lot size
    0.09 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Brian Leung
    Brian Leung

    Listing agent Brian Leung License #California 01203473

    Listing office LL CRE

    Listing date Aug 1, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of LL CRE

    HighLights

    • Prominent corner location in well‑trafficked retail corridor.
    • 7,110 square foot commercial property with 2 units.
    • Excellent signage opportunities.
    • Ideal for owner‑user to occupy while collecting rent.
    • Abundant natural light throughout.
    • High ceilings on the ground floor.

    Overview

    This 7,110 square foot commercial property features two units and concrete construction. The building benefits from abundant natural light throughout and high ceilings on the ground floor. Situated on a prominent corner location along a well-trafficked retail corridor, the property offers excellent signage opportunities. It is well-connected to transportation, institutions, and retailers. The property is suitable for an owner-user looking to occupy one unit while collecting rent from the other.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $313.1k $44.04
    − Vacancy −$79.5k −$11.19
    EGI $233.6k $32.85
    − OpEx −$58.4k −$8.21
    NOI $175.2k $24.64
    7,110 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.50M
    $2.19M – $2.92M (±1% cap)
    NOI $175,193 @ 7.0% cap · market cap 7.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $34.73M
    $30.39M – $40.52M (±1% cap)
    NOI $2,431,060 @ 7.0% cap · market cap 110.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.436
    Latitude
    37.7234

    FAQs

    What type of property is this?
    Office building - Two-unit commercial property with high ceilings and abundant natural light.
    Where is this office building located?
    The property is located at 4-8 Persia Ave San Francisco, CA.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: Prominent corner location in well‑trafficked retail corridor.; 7,110 square foot commercial property with 2 units.; Excellent signage opportunities.
    (510) 686-0435 Call to check price and availability
    More about this property
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