363 Valencia St San Francisco, CA 94103-3569

Property Details for 363 Valencia St

Year built

2003

Lot size

0.11 lot acres

Property size

1,542 SF

Zone code

VALENCIA ST N

Property type

Commercial real estate

APN

3547 -041

APU

3547041

Description

This exceptional 1,500 square foot commercial condominium, located at 365 Valencia Street in San Francisco's vibrant Valencia Street corridor, presents a lucrative investment opportunity or ideal owner-user space. Built in 2003 and extensively renovated in 2022, this ground-floor unit boasts a striking double-wide glass storefront, ensuring high visibility and foot traffic. The property is zoned NCT- Valencia Street Neighborhood Commercial Transit District, allowing for a variety of retail or service businesses. Currently 100% occupied, the property offers a 5.50% cap rate and is priced at $1,296,000 ($864 per square foot). Recent upgrades include significant improvements to the water and electrical infrastructure, accommodating features such as multiple sinks, washer/dryer hookups, and ample storage. The interior includes three private rooms and a break area, along with an ADA-compliant restroom. The convenient location, just two blocks from the 16th Street BART station and three blocks from Market Street, places the property within easy reach of public transportation. Neighboring businesses include well-established establishments such as Four Barrel Coffee, adding to the property's desirability. The space is easily adaptable, potentially divisible into two separate retail units. This presents a unique chance to own a thriving commercial property in one of San Francisco's most dynamic neighborhoods. The property's APN is 3547-041. The lease is a gross lease with a single tenant.

Location Insight

City

San Francisco

County

San Francisco

State

California

Longitude

-122.422

Latitude

37.7671

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments