Mixed-Use Property with Restaurant
3119 Clement Street, San Francisco, CA 94121
For Sale
$1,375,000
Distinctive two-level asset combining an operating restaurant area with an upstairs residential flat near neighborhood retail and amenities.
Property Size2,995 SF
Price / SF$459.10
Days on Market98
Property Features for 3119 Clement Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Units
Unit Mix
Multifamily Units
Additional Details
Patio
Amenities
storage structure
rear terrace
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Coldwell Banker Realty
Listed By:
Nick Johnson · License CA #01419663
(415) 264-4789
Source:
Cityrealestatesf
Added: Aug 9
Changed: Nov 6
Last Checked: Nov 12 at 2:12PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 1921 mixed-use property combines ground-floor commercial space with an upper residential flat. The approximately 1,675 sq. ft. restaurant area includes a dining room, kitchen, office, restrooms, rear patio, storage, and a separate storage structure. Its Moroccan-inspired exterior features colorful tilework and detailed architectural elements facing Clement Street.
The approximately 1,320 sq. ft. residence includes three bedrooms, two baths, a living room, dining room, kitchen, foyer, and rear terrace. The upper unit is rented by the room, with three rooms occupied and one room scheduled for vacant delivery. The property is located in San Francisco's Richmond District near restaurants, cafes, markets, George Washington High School, Golden Gate Park, the Presidio, Ocean Beach, Lands End, and Lincoln Park.
The approximately 1,320 sq. ft. residence includes three bedrooms, two baths, a living room, dining room, kitchen, foyer, and rear terrace. The upper unit is rented by the room, with three rooms occupied and one room scheduled for vacant delivery. The property is located in San Francisco's Richmond District near restaurants, cafes, markets, George Washington High School, Golden Gate Park, the Presidio, Ocean Beach, Lands End, and Lincoln Park.
Key Highlights
- Mixed‑use property totaling 2,995 sq. ft.
- Ground‑floor commercial area of approximately 1,675 sq. ft. plus storage
- Restaurant layout includes dining, kitchen, office, restrooms, rear patio, and storage structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,239
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,944,780
$1.9M
Cap Rate 7%
$1,389,129
$1.4M
Cap Rate 9%
$1,080,433
$1.1M
Market Conditions
NOI Build-Up for 2,995 SF
Gross rent
$188.7K $63.00/SF
− Vacancy
−$11.9K −$3.97/SF
EGI
$176.8K $59.03/SF
− OpEx
−$79.6K −$26.56/SF
NOI
$97.2K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,944,780
Cap Rate 7%
$1,389,129
Cap Rate 9%
$1,080,433
Alternative Uses
Best Use
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,239 @ 7.0% cap · market cap 7.07%
Second Best
Mixed Use
$954.7K
$835.3K – $1.11M
NOI $66,826 @ 7.0% cap · market cap 4.86%
Theoretical Best
Multifamily LT 5
$1.52M
$1.33M – $1.77M
NOI $106,441 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,561
Businesses Nearby
67k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Shops & Services 38%
Dining 11%
Home Improvements & Furnishings 6%
Grocery Outlet Bargain Market
Groceries
29,519 visits/mo
0.3 miles
Chevron
Shops & Services
14,813 visits/mo
0.5 miles
Jiffy Lube
Shops & Services
7,368 visits/mo
0.5 miles
Bambu Desserts & Drinks
Dining
6,512 visits/mo
0.4 miles
Standard Plumbing Ace Hardware
Home Improvements & Furnishings
4,357 visits/mo
0.4 miles
Demographics for 94121, CA
43,115
Population
19,742
Households
2.2
Avg Household Size
42
Median Age
64%
College-Educated
92%
High-School Grad
2.5 sq mi
ZIP Area
17,246
Density / Sq Mi
$138,353
Median Household Income
$74,646
Median Earnings
$2,327
Median Rent
$1,634,600
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in San Francisco, CA
Properties on Market for Mixed-use properties in San Francisco
Vacancy Rate% for Retail in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Distinctive two-level asset combining an operating restaurant area with an upstairs residential flat near neighborhood retail and amenities.
Where is this mixed-use property located?
The property is located at 3119 Clement Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Mixed‑use property totaling 2,995 sq. ft.; Ground‑floor commercial area of approximately 1,675 sq. ft. plus storage; Restaurant layout includes dining, kitchen, office, restrooms, rear patio, and storage structure
