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    2761 16Th St San Francisco, CA 94103

    Sponsored
    For Sale
    $2,049,600

    5,124 SF Retail Condo, $400/SF

    Property size:
    5,124 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 5,124 square foot retail condominium, located at 2761 16th Street in San Francisco's Mission District (zip code 94103), is offered at $2,049,600. Built in 1929 and extensively renovated in 2022, the property boasts a desirable location with frontage on 16th Street and rear access via Enterprise Street. The space features approximately 16-foot ceilings, a clear span layout offering significant flexibility, and multiple skylights providing ample natural light. Two ADA-compliant restrooms and an ADA-compliant entrance enhance accessibility. The property is sprinklered and can be easily divided into two separate spaces. The PDR-1G Base Zone designation allows for a wide range of permitted uses, including the possibility of a Health Services Conditional Use Permit. The central location offers convenient access to public transportation (BART at 16th Street) and major highways (Hwy 101 & Hwy 80). Nearby amenities include numerous restaurants and services. Seller financing, including a short-term interest-only loan, is negotiable. The seller is also open to discussing build-to-suit options to meet specific tenant requirements. This presents a unique opportunity for owner-users or investors seeking a versatile and well-located commercial property in a thriving San Francisco neighborhood.

    Property Features for 2761 16Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,124 SF

    Building Details

    Year Built/Renovated
    1929/2022

    HighLights

    • Newly renovated building.
    • Two ADA‑compliant restrooms.
    • ADA‑compliant entrance.
    • Two street‑facing entries.
    • Divisible into two separate spaces.
    • 16‑foot ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.4144263
    Latitude
    37.7651191

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    FAQs

    What type of property is this?
    Multifamily property - 5,124 SF Retail Condo, $400/SF
    Where is this multifamily property located?
    The property is located at 2761 16Th St San Francisco, CA.
    What is the asking price?
    The asking price for this property is $2,049,600.
    What are key features of this property?
    This property features: Newly renovated building.; Two ADA-compliant restrooms.; ADA-compliant entrance.
    (415) 539-1121
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    2761 16Th St San Francisco, CA 94103
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    San Francisco, CA 94103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2761 16Th St San Francisco, CA 94103
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