Two-Unit Mixed-Use Property with
For Sale
$2,450,000
3230 Scott, San Francisco, CA 94123
Fully leased two-unit property with ground-floor retail and office/residential space above in San Francisco’s Marina District.
Property Size3,599 SF
Days on Market155
Property Features for 3230 Scott
General Information
Standard status
Active
Size
3,599 SF
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Cap Rate
4.42%
Building Details
Building Size
3,599 SF
Stories
2
Listing Agency:
KW Executive
Listed By:
Austin Ng · License #02242781
(626) 872-2207
Source:
Realestatenovo
Added: May 13
Changed: Oct 1
Last Checked: Oct 13 at 2:41AM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,681
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,773,620
$1.8M
Cap Rate 7%
$1,266,871
$1.3M
Cap Rate 9%
$985,344
$985.3K
Market Conditions
NOI Build-Up for 3,599 SF
Gross rent
$158.5K $44.04/SF
− Vacancy
−$40.3K −$11.19/SF
EGI
$118.2K $32.85/SF
− OpEx
−$29.6K −$8.21/SF
NOI
$88.7K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,773,620
Cap Rate 7%
$1,266,871
Cap Rate 9%
$985,344
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,485
Businesses Nearby
Explore this area
Business Placement
Demographics for 94123, CA
26,131
Population
14,883
Households
1.8
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
23,755
Density / Sq Mi
$222,689
Median Household Income
$142,336
Median Earnings
$3,248
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Francisco, CA
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Frequently Asked Questions
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.
