2766-2770 Mission St - Hospitality FOR SALE


San Francisco, CA 94110- Mission
$5,500,000 USD
415-225-5176
2766-2770 Mission St, San Francisco, CA for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

2766-2770 Mission St
San Francisco, CA 94110
Mission


HIGHLIGHTS

  • 45 Room SRO Hotel located in the Mission District
  • Property comes equipped with owner/ manager unit
  • 2 Retail spaces are currently leased for $5,500
  • Property can be delivered 100% vacant
  • Great upside for an owner/operator or absentee owner
  • Residential Master Lease available

OVERVIEW

The Crystal Hotel is located at 2766-2770 Mission Street in San Francisco. The property is a mixed use property consisting of a 45 room SRO hotel ( 31 permitted ) and two retail storefronts on the busy intersection of Mission and 24th Street of the city. This two story building consists of a 10,972 sq. ft. structure, sits on a 4,400 sq. ft. lot, and was built in 1912. Over the last 36 months, over $450,000 of Cap Ex was spent on the property, including soft story seismic upgrading. Both retail spaces are currently leased at $5,500 / month each, featuring a month-to-month arrangement. This setup opens doors for a new investor to secure the storefronts at competitive market rates. Located in San Francisco’s lively Mission district, this property offers a vibrant neighborhood experience, boasting high walkability, an energetic nightlife, and close proximity to public transportation. For Sale: The Crystal Hotel offers investors an opportunity to acquire a high-yield income on a well-maintained building in the Mission District, San Francisco. Residential Master Lease: Over 50% income upside potential. Superb core location, excellent rental area for Mission District commuters.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$501 USD /SF

# OF ROOMS

45

PRICE/ROOM

$122,222 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Crystal Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

NC-3

APN/PARCEL ID

3643-008

ASK ABOUT THIS PROPERTY

Richard EhmerThe Ehmer GroupMore Info
415-225-5176

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Richard EhmerThe Ehmer GroupMore Info
415-225-5176

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