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2412 Lombard Street

San Francisco, CA 94123
  • $3,500,000
  • STATUS: Active
  • ON SITE: 170 Days
  • ID#: 424020785
UPDATED: 32 min ago
$3,500,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,493
    SQFT
  • $1,002
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Description

Fully leased, Marina District mixed-use investment opportunity. The 2000+ square foot ground floor retail/commercial space is leased to an industry leading cannabis dispensary, The Apothecarium SF. Fully remodeled and updated with high quality finishes. With multiple years remaining on a NNN lease and additional extensions in place this is a very stable tenant/investment. Yearly base rent increases plus a minimum percentage rent kicker help this property achieve above market rents and CAP rate. Accessed by private entrance off of Lombard, the second floor is comprised of a 1464 square foot, 3 bedroom / 2 bath apartment with stable tenants. Own a piece of San Francisco in a premier location.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-09T20:57:31.9.
www.hiraethhomes.com/homes/149664175
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2412 Lombard Street San Francisco, CA 94123

  • Price: $3,500,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 32 min ago
  • ID#: 424020785
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,493
SQFT
$1,002
$/SQFT
1915
Built
Neighborhood:
Sf District 7
County:
San Francisco
Area:
Sf District 7
Property Description
Fully leased, Marina District mixed-use investment opportunity. The 2000+ square foot ground floor retail/commercial space is leased to an industry leading cannabis dispensary, The Apothecarium SF. Fully remodeled and updated with high quality finishes. With multiple years remaining on a NNN lease and additional extensions in place this is a very stable tenant/investment. Yearly base rent increases plus a minimum percentage rent kicker help this property achieve above market rents and CAP rate. Accessed by private entrance off of Lombard, the second floor is comprised of a 1464 square foot, 3 bedroom / 2 bath apartment with stable tenants. Own a piece of San Francisco in a premier location.
Exterior Features

Levels 0 Parking Total 0

Interior Features

Floor 0

Property Features

Auction No Business Type Dispensary Current Use RetailResidentialMixed Use Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 99.99 Lessee Pays Absolute NNN Lessor Pays Expenses associated with the apartment Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Condition Interior-ExcellentExterior-Good Property Sub Type Mixed Use Property Type CommercialSale Rentable Yes Retail Sq Ft 2064 Warehouse Sq Ft 0

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Randy Waller of W Real Estate: 707-591-0570.


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-09T20:57:31.9.
 
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