Two-Unit Mixed-Use Property with
3230 Scott San Francisco, CA 94123
3230 Scott, San Francisco, CA, 94123
$2,450,000
For Sale
$2,450,000
Fully leased two-unit property with ground-floor retail and office/residential space above in San Francisco’s Marina District.
Property Size3,599 SF
Price / SF$680.74
Days on Market558
Property Features for 3230 Scott
General Information
- Standard status
- Active
- Size
- 3,599 SF
- Property subtype
- Mixed Use
Listing agency
KW Executive
(626) 872-2207
Listed by
Austin Ng
Source
Xome
Added: Jan 10, 2025 Updated: Jul 21 at 2:57AM Checked: Jul 21 at 2:57AM
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 KW Executive
Investment Insights
Based on property information with market context.
3230-3232 Scott Street is a two-unit mixed-use commercial property featuring ground-floor storefront retail with office and/or residential space above. The asset is offered on a fee simple basis and is fully leased.
Located in San Francisco’s Marina District, “West of Van Ness,” the building is positioned in a high-demand, walkable area with retail and residential demand. The current income totals $156,600 annually, and the property includes built-in annual rent escalations. Leases extend into 2028 and 2026, providing long-term tenancy.
The seller’s materials indicate an estimated NOI of $108,279 and a 4.42% cap rate. For additional details on income, leases, and terms, please see the OM in supplements.
Located in San Francisco’s Marina District, “West of Van Ness,” the building is positioned in a high-demand, walkable area with retail and residential demand. The current income totals $156,600 annually, and the property includes built-in annual rent escalations. Leases extend into 2028 and 2026, providing long-term tenancy.
The seller’s materials indicate an estimated NOI of $108,279 and a 4.42% cap rate. For additional details on income, leases, and terms, please see the OM in supplements.
Key Highlights
- Fee simple interest in a two‑unit mixed‑use property at 3230‑3232 Scott Street in San Francisco’s Marina District.
- Mixed‑use layout with ground‑floor storefront retail and residential/commercial office space above.
- Fully leased with annual rental income of $156,600 and built‑in rent escalations.
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 | $158.5k | $44.04 |
| − Vacancy | −$40.3k | −$11.19 |
| EGI | $118.2k | $32.85 |
| − OpEx | −$29.6k | −$8.21 |
| NOI | $88.7k | $24.64 |
3,599 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$16.41M
$14.36M – $19.14M
NOI $1,148,536 @ 7.0% cap · market cap 46.88%
Second Best
Office B
$1.27M
$1.11M – $1.48M
NOI $88,681 @ 7.0% cap · market cap 3.62%
Theoretical Best
Specialty Retail
$17.58M
$15.38M – $20.51M
NOI $1,230,575 @ 7.0% cap · market cap 50.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
First Capital Group
Loan Service
mathew carson lending ...
Loan Service
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully leased two-unit property with ground-floor retail and office/residential space above in San Francisco’s Marina District.
Where is this mixed-use property located?
The property is located at 3230 Scott San Francisco, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Fee simple interest in a two‑unit mixed‑use property at 3230‑3232 Scott Street in San Francisco’s Marina District.; Mixed‑use layout with ground‑floor storefront retail and residential/commercial office space above.; Fully leased with annual rental income of $156,600 and built‑in rent escalations.
