Retail Grocery Convenience
2201 Irving Street San Francisco, CA 94122
2201 Irving Street, San Francisco, CA, 94122
$5,950,000
For Sale
$5,950,000
For sale retail grocery and convenience store property located on Irving Street in San Francisco.
Property Size11,500 SF
Price / SF$517.39
Days on Market146
Property Features for 2201 Irving Street
General Information
- Standard status
- Active
- Size
- 11,500 SF
Building Details
- Year Built
- 1947
Listing agency
West & Praszker, REALTORS
(415) 699-3266
Listed by
Michael Y. Klestoff
(415) 699-3266
Source
Evrealestate
Added: Feb 25 Updated: Jul 20 at 7:01PM Checked: Jul 21 at 4:34AM
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 West & Praszker, REALTORS
Investment Insights
Based on property information with market context.
This property is a for-sale retail grocery and convenience store on Irving Street in San Francisco. The asset is presented as a dedicated retail offering within the grocery and convenience store property type.
The property is located in San Francisco County, California, at 2201 Irving Street, San Francisco, CA 94122. The listing is priced at $5,950,000 and shows a property size of 11,500.
As presented in the information provided, the offering is best suited for users or investors seeking a grocery/convenience-oriented retail format within an established urban setting.
The property is located in San Francisco County, California, at 2201 Irving Street, San Francisco, CA 94122. The listing is priced at $5,950,000 and shows a property size of 11,500.
As presented in the information provided, the offering is best suited for users or investors seeking a grocery/convenience-oriented retail format within an established urban setting.
Key Highlights
- Retail grocery and convenience store property for sale on Irving Street in San Francisco
- Central heating
- Year built: 1947
Local Financial Insights For Specialty Retail
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 | $303.6k | $26.40 |
| − Vacancy | −$21.3k | −$1.85 |
| EGI | $282.3k | $24.55 |
| − OpEx | −$70.6k | −$6.14 |
| NOI | $211.8k | $18.41 |
11,500 SF · lease $26.40/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.03M
$2.65M – $3.53M
NOI $211,761 @ 7.0% cap · market cap 3.56%
Second Best
Retail
$3.02M
$2.64M – $3.52M
NOI $211,313 @ 7.0% cap · market cap 3.55%
Theoretical Best
Multifamily LT 5
$5.51M
$4.82M – $6.43M
NOI $385,999 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- Safeway — 2350 Noriega St, San Francisco, CA 94122
- Andronico's Community Markets — 1200 Irving St, San Francisco, CA 94122
- S & B Supermarket — 2203 Irving St, San Francisco, CA 94122
- Boss Supermarket — 2551 Noriega St, San Francisco, CA 94122
FAQs
What type of property is this?
Grocery and convenience store - For sale retail grocery and convenience store property located on Irving Street in San Francisco.
Where is this grocery and convenience store located?
The property is located at 2201 Irving Street San Francisco, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Retail grocery and convenience store property for sale on Irving Street in San Francisco; Central heating; Year built: 1947