Mixed-Use Building with Vacant
New
For Sale
$1,480,000
2830 S 24th Street, San Francisco, CA 94110
The property combines commercial and residential space, with both units currently unoccupied.
Property Size4,675 SF
Price / SF$316.58
Days on Market5
Property Features for 2830 S 24th Street
General Information
Standard status
Active
Size
4,675 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
fixer upper
Amenities
BART Nearby
Freeway Nearby
Neighborhood
Paved
Restaurant Nearby
Shopping Nearby
Building Details
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
NORTHERN PENINSULA PROPERTIES, INC.
(415) 317-8339
Listed By:
PABLO WONG · License #00784340
Source:
Corcoran
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 7:00PM
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 NORTHERN PENINSULA PROPERTIES, INC.
Investment Insights
Based on property information with market context.
At 2830 S 24th Street in San Francisco, this 4,675-square-foot mixed-use building dates to 1900. It contains two vacant spaces: one commercial unit and one residential unit. The commercial space most recently operated as a retail store and previously served as a restaurant. The building requires renovation, and the property information identifies the possibility of adding one or two more units.
Key Highlights
- 4,675‑square‑foot mixed‑use property built in 1900
- Two vacant units: one commercial and one residential
- Commercial space was most recently used for retail and previously as a restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,669
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,893,380
$1.9M
Cap Rate 7%
$1,352,414
$1.4M
Cap Rate 9%
$1,051,878
$1.1M
Market Conditions
NOI Build-Up for 4,675 SF
Gross rent
$168.3K $36.00/SF
− Vacancy
−$16.8K −$3.60/SF
EGI
$151.5K $32.40/SF
− OpEx
−$56.8K −$12.15/SF
NOI
$94.7K $20.25/SF
Area
ZIP 94110
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,893,380
Cap Rate 7%
$1,352,414
Cap Rate 9%
$1,051,878
Alternative Uses
Best Use
Retail
$21.31M
$18.65M – $24.87M
NOI $1,491,916 @ 7.0% cap · market cap 100.81%
Second Best
Mixed Use
$1.35M
$1.18M – $1.58M
NOI $94,669 @ 7.0% cap · market cap 6.40%
Theoretical Best
Specialty Retail
$22.84M
$19.98M – $26.64M
NOI $1,598,482 @ 7.0% cap · market cap 108.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,187
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Shops & Services 41%
Dining 17%
Grocery Outlet Bargain Market
Groceries
25,334 visits/mo
0.4 miles
Exxon
Shops & Services
9,077 visits/mo
0.3 miles
AutoZone
Shops & Services
6,292 visits/mo
0.5 miles
Taqueria Guadalajara
Dining
4,451 visits/mo
0.4 miles
Chevron
Shops & Services
3,967 visits/mo
0.5 miles
Demographics for 94110, CA
68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Francisco, CA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines commercial and residential space, with both units currently unoccupied.
Where is this mixed-use property located?
The property is located at 2830 S 24th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: 4,675‑square‑foot mixed‑use property built in 1900; Two vacant units: one commercial and one residential; Commercial space was most recently used for retail and previously as a restaurant
