Mixed-Use Restaurant
New
For Sale
$895,000
6584-6582 Mission ST, Daly City, CA 94014
Ground-floor restaurant space, basement support areas, and two studio units create a flexible owner-user or income-producing configuration.
Property Size2,554 SF
Days on Market3
Property Features for 6584-6582 Mission ST
General Information
Standard status
Active
Size
2,554 SF
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$11,926
Building Details
Building Size
2,554 SF
Year Built
1948
Listing Agency:
Compass
Listed By:
Ismael Benhamida · License #01722847
(408) 373-6195
Source:
Johnpaye
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 1 at 8:37PM
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 Compass
Investment Insights
Based on property information with market context.
Built in 1948, this 2,554-square-foot mixed-use property combines a fully equipped restaurant on the ground floor with a commercial kitchen and a large basement suited to storage and food preparation. Two studios occupy the upper level, providing separate residential components; one is vacant, while the other is occupied.
The property fronts Mission Street on the Daly City–San Francisco border, within a dense, walkable area with markets, restaurants, and everyday services. BART, SamTrans, Muni, and I-280 are minutes away. The restaurant was most recently operated as Lisa's Mexican Restaurant, and the layout supports continued restaurant use or an owner-user strategy with residential income. Full lease-up is projected at a 6.9% cap rate.
The property fronts Mission Street on the Daly City–San Francisco border, within a dense, walkable area with markets, restaurants, and everyday services. BART, SamTrans, Muni, and I-280 are minutes away. The restaurant was most recently operated as Lisa's Mexican Restaurant, and the layout supports continued restaurant use or an owner-user strategy with residential income. Full lease-up is projected at a 6.9% cap rate.
Key Highlights
- 2,554 SF mixed‑use building constructed in 1948
- Ground‑floor restaurant with full commercial kitchen
- Expansive basement provides storage and food‑preparation space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,065
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,021,300
$1.0M
Cap Rate 7%
$729,500
$729.5K
Cap Rate 9%
$567,389
$567.4K
Market Conditions
NOI Build-Up for 2,554 SF
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.
Gross rent
$99.3K $38.88/SF
− Vacancy
−$6.5K −$2.53/SF
EGI
$92.8K $36.35/SF
− OpEx
−$41.8K −$16.36/SF
NOI
$51.1K $19.99/SF
Area
Daly City, CA
Vacancy
6.50%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,021,300
Cap Rate 7%
$729,500
Cap Rate 9%
$567,389
Alternative Uses
Best Use
Apartment 5plus
$729.5K
$638.3K – $851.1K
NOI $51,065 @ 7.0% cap · market cap 5.71%
Second Best
Specialty Retail
$725.0K
$634.4K – $845.9K
NOI $50,753 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.12M
$983.9K – $1.31M
NOI $78,713 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,220
Businesses Nearby
258k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 74%
Shops & Services 15%
Dining 10%
Apparel 1%
H Mart
Groceries
133,106 visits/mo
0.5 miles
Lucky Supermarkets
Groceries
58,947 visits/mo
0.5 miles
AutoZone
Shops & Services
13,741 visits/mo
0.3 miles
Starbucks
Dining
12,921 visits/mo
0.5 miles
7-Eleven
Shops & Services
12,057 visits/mo
0.5 miles
Demographics for 94014, CA
48,677
Population
15,643
Households
3.1
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
6.4 sq mi
ZIP Area
7,606
Density / Sq Mi
$115,513
Median Household Income
$49,144
Median Earnings
$2,089
Median Rent
$979,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor restaurant space, basement support areas, and two studio units create a flexible owner-user or income-producing configuration.
Where is this mixed-use property located?
The property is located at 6584-6582 Mission ST Daly City, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,554 SF mixed‑use building constructed in 1948; Ground‑floor restaurant with full commercial kitchen; Expansive basement provides storage and food‑preparation space
