1641 Jackson St - Auto Repair FOR SALE


San Francisco, CA 94109- Nob Hill
$8,250,000 USD
925-256-4555
1641 Jackson St, San Francisco, CA for Sale
$8,250,000 USD
Auto Repair - FOR SALE
1/4
null | 4.07% Cap Rate

1641 Jackson St
San Francisco, CA 94109
Nob Hill


OVERVIEW

1641 Jackson Street is a stunning 24,000+/- sq ft commercial building built in 1914 with a historically signficant front window/related facade (Category A2 Historic Resource). The property is well-located in the desirable Polk Gulch/Lower Nob Hill neighborhood of San Francisco blocks east of Pacific Heights. The property is improved with a currently operating auto repair shop on a short-term lease at $28,000 per month plus taxes, insurance and maintenance (outside of foundation and structure). Current tenant lease expires 4.1.2028 with a 6-month bilateral termination right is in place as well. The current short-term lease offers immediate in-place income with flexibility for an owner user or future repositioning. Located within the Polk Street Neighborhood Commercial District (NCD) zoning district, the property benefits from a combination of commercial functionality and long-term redevelopment potential. The zoning allows for a wide range of uses in one of San Francisco’s most centrally connected neighborhoods. 1641 Jackson Street is ideally suited for an owner-user seeking a centrally located facility—including automotive, retail service, retail, recreation, redevelopment uses—given the ideal location, hard-to-find building size, private drive-in access, below grade onsite parking and proximity to major corridors and dense customer bases. The short-term tenancy allows a buyer to secure a prime location while maintaining the option to occupy immediately or reconfigure the space to meet operational needs. 1641 Jackson Street is an exceptional opportunity to establish long-term control in a supply-constrained market.

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

4.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail/ Owner User/Redevelopment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

NCD

APN/PARCEL ID

0598-012

ASK ABOUT THIS PROPERTY

Carol TherienRetail Pacific, Inc.More Info
925-256-4555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carol TherienRetail Pacific, Inc.More Info
925-256-4555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.