3065 16Th St San Francisco, CA 94103

This exceptional three-unit mixed-use building at 3065 16th Street in San Francisco's vibrant Mission District presents a compelling investment opportunity. The 6,725 square foot property, built in 1909, sits on a 2,869 square foot lot and boasts a desirable zoning designation (NCT). The building comprises a two-story retail space (currently vacant but with an attached Type 47 liquor license) and two full-floor, five-room residential units. Approved plans and $75,000 in prior investment are in place for a conversion of the retail space to two floors, enhancing its potential. The property's current NOI is $143,571, with a pro-forma NOI of $175,904, reflecting a 4.87% cap rate and a pro-forma cap rate of 5.96%. The asking price is $2,950,000 ($438.66 per square foot). Its location between the Valencia and Mission commercial corridors places it in a high-demand area, surrounded by numerous restaurants and close to public transportation (including BART) and major highways (101/80). This presents a unique chance to own a well-situated mixed-use property in one of San Francisco's most dynamic neighborhoods. The three-story building offers significant upside potential for an owner-user or investor seeking a strong return in a thriving market.