South San Francisco Retail
369 Grand Ave, South San Francisco, CA 94080
Call to check price and availability
Retail investment opportunity in the heart of South San Francisco.
Type:Retail
Property size:
6,183 SFLot size:
0.16 AcresPrice / SF:
$425/SF- Added:
- May 19, 2026
- Days on Market:
- 13
- Last Refresh:
- May 20 at 5:01 am
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 agent Rachna Gandhi License #0204779
Listing office The Corcoran Group (650) 339-6818
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
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.
- Located in a supply‑constrained retail market on the Peninsula.
- Benefits from immediate access to surrounding retail, dining, and commuter amenities.
- Suitable for investors, owner‑users, or exchange buyers.
Overview
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.
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
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
NOI $343,786 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Cotter Church Supplies, ...
Religious Bookstore
Location Insight
- Map
- Local Demand
- City
- South San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.411695
- Latitude
- 37.655464
Nearby Similar for Sale
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.
