Mixed-Use Building in Downtown
45 Visitacion Avenue Brisbane, CA 94005
45 Visitacion Avenue, Brisbane, CA, 94005
$799,000
For Sale
$799,000
Mixed-use commercial building with high visibility and street parking.
Property Size1,800 SF
Price / SF$443.89
Days on Market929
Property Features for 45 Visitacion Avenue
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial Sale / Mixed Use
Listing Agency
HRH Real Estate Services
(415) 810-6020
Listed by
Renee A Engelen · License #01879547
(415) 810-6020
Source
Compass
Added: Jan 3, 2024 Checked: Jul 20 at 3:47 am
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 HRH Real Estate Services
Investment Insights
Based on property information with market context.
This mixed-use commercial building is located in downtown Brisbane and offers excellent visibility and curb appeal. Convenient street parking is available. The property is approved for diverse business uses and Accessory Dwelling Units (ADUs). The current tenant has expressed interest in continuing their lease. The property size is 1800 square feet.
Key Highlights
- Excellent visibility and curb appeal
- Approved for diverse business uses and ADUs
- Convenient street parking in downtown Brisbane
Local Financial Insights For Mixed Use
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 | $123.6k | $68.64 |
| − Vacancy | −$30.5k | −$16.95 |
| EGI | $93.0k | $51.69 |
| − OpEx | −$34.9k | −$19.38 |
| NOI | $58.1k | $32.30 |
1,800 SF · lease $68.64/SF/yr · vacancy 24.70% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$830.7K
$726.8K – $969.1K
NOI $58,147 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,083 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Julie's Brisbane Liquor ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use commercial building with high visibility and street parking.
Where is this mixed-use property located?
The property is located at 45 Visitacion Avenue Brisbane, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Excellent visibility and curb appeal; Approved for diverse business uses and ADUs; Convenient street parking in downtown Brisbane
