311 11Th AveSan Francisco, CA 94118

This exceptional mixed-use investment property, located at 311 11th Avenue in San Francisco's vibrant Richmond District (zip code 94118), presents a rare opportunity. The fully renovated building boasts a total of 9,950 square feet situated on a 5,248 square foot lot (APN 1443). The property is zoned NCD – Inner Clement Commercial District and comprises a ground floor commercial storefront and a 2-story apartment building with 16 units, currently operating at 100% occupancy. The building features 15 single-room occupancy (SRO) units, in addition to the commercial space. The asking price is $4,500,000, representing a compelling 6.37% capitalization rate. The property benefits from over $1,000,000 in recent capital improvements. With a triple-net (NNN) lease structure and a current vacancy rate of 0%, this investment offers significant potential for future rental income growth, with an estimated 22% upside in rents. This is a turnkey operation in a highly desirable location, making it an ideal addition to any investment portfolio. The property's strong performance and upside potential make it a truly unique opportunity in the competitive San Francisco market.