1900 Folsom StSan Francisco, CA 94103

  • Mixed-use properties
  • 0.06 AC
For Sale
$1,850,000 View listing

Property Details for 1900 Folsom St

Year built
1906
Construction
WOOD
Lot size
0.06 AC
Zone code
RH3
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
3552 -001
APU
3552001

Description

This exceptional restaurant space, located at 1900 Folsom Street in San Francisco's vibrant Mission District, presents a unique investment opportunity. The property boasts 1,432 square feet of well-maintained interior space, perfectly suited for a thriving bar or restaurant operation. Its convenient location at the intersection of Folsom Street and 15th Street ensures high visibility and accessibility for patrons. The property is zoned RH3, offering flexibility for various uses within the permitted zoning guidelines. The included Type 47 Liquor License significantly enhances the value and operational potential of this property. The single-tenant occupancy simplifies management and provides a clear revenue stream. The property's Assessed Parcel Number (APN) is 3552-001, located within San Francisco County, California, zip code 94103. This turnkey establishment is ready for immediate occupancy, offering a rare chance to capitalize on the thriving culinary scene in the Mission District. The property's prime location and included liquor license make it an exceptional opportunity for experienced restaurateurs or investors seeking a high-return investment in a sought-after San Francisco neighborhood. Serious inquiries only.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $913,552
    6.5%
    $843,279
    7%
    $783,045
  • Comparable approach

    Method
    Valuation
    Relative Method
    $810,763
    Geo Method
    $1,187,989
  • Alternative Use

    Use
    Valuation
    Residential
    $843,279
    Hospitality
    $772,439
    Educational
    $642,660
    Medical
    $664,762
    Retail
    $999,693
1900 Folsom St, San Francisco, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7668
Longitude
-122.416
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,358
$443,181
$184,651
$627,832
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-
-
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