Mixed-Use Property with Ground
5110-5112 3rd Street San Francisco, CA 94124
5110-5112 3rd Street, San Francisco, CA, 94124
$1,250,000
For Sale
$1,250,000
Three-unit mixed-use property with ground-floor retail to be delivered vacant alongside two occupied residential units.
Property Size3,125 SF
Price / SF$400
Days on Market53
Property Features for 5110-5112 3rd Street
General Information
- Standard status
- Active
- Size
- 3,125 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1905
Listing agency
Urban Group Real Estate
(415) 786-3662
Listed by
Louis Cornejo · License #01518102
(415) 786-3662
Source
Compass
Added: May 31 Updated: Jul 21 at 5:21PM Checked: Jul 21 at 5:21PM
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 Urban Group Real Estate
Investment Insights
Based on property information with market context.
5110-5112 Third Street is a three-unit mixed-use property featuring one ground-floor commercial space and two residential units. The residential units consist of a 2BD/1BA unit and a 3BD/1BA unit, and both are currently occupied. The ground-floor retail unit will be delivered vacant, creating flexibility for immediate lease-up or an owner-user use.
The property is located along the Third Street commercial corridor in San Francisco’s Bayview neighborhood, with pedestrian and vehicle exposure. It also benefits from convenient access to the Muni Metro T Third Street line and neighborhood amenities serving Bayview, Bayshore, and Silver Terrace.
As a mixed-use asset, the building provides combined retail and residential income streams, with the vacant retail space positioned for re-tenancy upon delivery.
The property is located along the Third Street commercial corridor in San Francisco’s Bayview neighborhood, with pedestrian and vehicle exposure. It also benefits from convenient access to the Muni Metro T Third Street line and neighborhood amenities serving Bayview, Bayshore, and Silver Terrace.
As a mixed-use asset, the building provides combined retail and residential income streams, with the vacant retail space positioned for re-tenancy upon delivery.
Key Highlights
- Three‑unit mixed‑use property at 5110–5112 Third Street with one ground‑floor commercial space and two residential units
- Retail space will be delivered vacant for immediate lease‑up or owner‑user use
- Two occupied residential units: one 2BD/1BA and one 3BD/1BA
Local Financial Insights For Apartment 5plus
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 | $196.9k | $63.00 |
| − Vacancy | −$12.4k | −$3.97 |
| EGI | $184.5k | $59.03 |
| − OpEx | −$83.0k | −$26.56 |
| NOI | $101.5k | $32.47 |
3,125 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Retail
$14.25M
$12.47M – $16.62M
NOI $997,270 @ 7.0% cap · market cap 79.78%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,460 @ 7.0% cap · market cap 8.12%
Theoretical Best
Specialty Retail
$15.26M
$13.36M – $17.81M
NOI $1,068,504 @ 7.0% cap · market cap 85.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-unit mixed-use property with ground-floor retail to be delivered vacant alongside two occupied residential units.
Where is this mixed-use property located?
The property is located at 5110-5112 3rd Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑unit mixed‑use property at 5110–5112 Third Street with one ground‑floor commercial space and two residential units; Retail space will be delivered vacant for immediate lease‑up or owner‑user use; Two occupied residential units: one 2BD/1BA and one 3BD/1BA
