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Mixed-Use Restaurant Property
For Sale
$895,000

65846582 Mission Street, Daly City, CA 94014

Restaurant improvements, basement utility space, and two studio units support both owner occupancy and diversified income.

Property Size2,554 SF
Price / SF$350.43
Days on Market48

Property Features for 65846582 Mission Street

General Information

Standard status Active
Size 2,554 SF
Property subtype Multi Family

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x studio
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,926

Building Details

Year Built 1948
Buildings 1
Tenancy Multi
Listing Agency: Compass
Listed By: Ismael Benhamida · License #01722847
Source: Exitrealty
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 24 at 3:09PM

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

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Investment Insights

Based on property information with market context.

This 2,554 SF mixed-use building combines a fully improved restaurant on the ground floor with a full commercial kitchen and a substantial basement suited to storage and preparation. Two studio units occupy the upper level, creating residential income alongside the commercial component. The property was built in 1948 and is configured for either an owner-user or an income-oriented ownership strategy.

The building fronts Mission Street on the Daly City–San Francisco border, within a dense, walkable area of markets, restaurants, and everyday services. BART, SamTrans, Muni, and I-280 are minutes away, while the corridor provides both pedestrian and vehicle exposure. One studio is vacant and available for lease or owner occupancy; the second is occupied and offers an opportunity for increased income when it turns over. Full lease-up is projected at a 6.9% cap rate.

Key Highlights

  • 2,554 SF mixed‑use building built in 1948
  • Ground‑floor restaurant with full commercial kitchen
  • Expansive basement for storage and food preparation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,065
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $51,065 @ 7.0% cap · market cap 5.71%
Second Best
Specialty Retail
$725.0K
$634.4K – $845.9K (±1% cap)
NOI $50,753 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.12M
$983.9K – $1.31M (±1% cap)
NOI $78,713 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Cafe & Coffee Shop Parking Lot & Garage Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,542
Businesses Nearby

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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant improvements, basement utility space, and two studio units support both owner occupancy and diversified income.
Where is this mixed-use property located?
The property is located at 65846582 Mission Street 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 built in 1948; Ground‑floor restaurant with full commercial kitchen; Expansive basement for storage and food preparation
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