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South San Francisco Retail Investment

369 Grand Ave South San Francisco, CA 94080

369 Grand Ave, South San Francisco, CA, 94080
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Retail investment opportunity in the heart of South San Francisco.

Property Size6,183 SF
Lot Size0.16 Acres
Price / SF$425.36
AddedMay 19
Days on Market59
Last RefreshJul 15 at 2:06 pm

Property Features for 369 Grand Ave

General Information

Standard status
Active
Size
6,183 SF
Lot size
0.16 Acres
Property subtype
Retail

Building Details

Year Built
1927

Listing office The Corcoran Group

Listing date May 19, 2026

Source Crexi

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 The Corcoran Group


Investment Insights

Based on property information with market context.

Located in Downtown South San Francisco, the property at 369-371 Grand Ave presents a retail investment opportunity. The property is positioned along one of the city’s active commercial corridors, benefiting from visibility, pedestrian traffic, and access to retail, dining, and commuter amenities. The building consists of approximately 6,183 square feet and is situated on a 6,975 square foot parcel. The property is zoned GAC – Grand Avenue Core. The location is surrounded by a dense residential population and local businesses. The property offers stability with potential through strategic leasing and growth throughout the Grand Avenue corridor. This South San Francisco retail asset has location characteristics.

Key Highlights

  • Prime location in the heart of Downtown South San Francisco on a highly active commercial corridor.
  • Exceptional visibility and strong pedestrian traffic.
  • Zoned GAC – Grand Avenue Core, offering future upside potential.

Local Financial Insights For 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 $236.7k $38.28
− Vacancy −$11.1k −$1.80
EGI $225.6k $36.48
− OpEx −$67.7k −$10.94
NOI $157.9k $25.54
6,183 SF · lease $38.28/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.26M
$1.97M – $2.63M (±1% cap)
NOI $157,893 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.91M
$4.30M – $5.73M (±1% cap)
NOI $343,786 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cotter Church Supplies, ... Religious Bookstore

Suggested Use

(Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Real Estate Agency Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Retail investment opportunity in the heart of South San Francisco.
Where is this retail space located?
The property is located at 369 Grand Ave South San Francisco, CA.
What is the asking price?
The asking price for this property is $2,630,000.
What are key features of this property?
This property features: Prime location in the heart of Downtown South San Francisco on a highly active commercial corridor.; Exceptional visibility and strong pedestrian traffic.; Zoned GAC – Grand Avenue Core, offering future upside potential.
Contact an agent
(650) 339-6818 Call to check price and availability
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