345 W Portal Ave - Medical FOR SALE


San Francisco, CA 94127- West Portal
$7,988,000 USD
415-464-6401
345 W Portal Ave, San Francisco, CA for Sale
$7,988,000 USD
Medical - FOR SALE
1/30
null | 7.76% Cap Rate

345 W Portal Ave
San Francisco, CA 94127
West Portal


OVERVIEW

This is an outstanding opportunity to purchase an attractive, multi-tenanted medical office building in the affluent West Portal neighborhood in San Francisco. West Portal serves as the principal shopping district in southwestern San Francisco. This is a well maintained, pride of ownership building. It is a light-filled, multi-tenanted, medical and office building in excellent condition. It has a 4.67% in-place cap. rate and will have a 7.76% proforma cap. rate when stabilized. 77.65% occupancy with 4th floor vacant. 17 surface parking spaces at the rear of the building. Elevator served. Great transportation links to San Francisco & Peninsula, muni stops nearby. This is the largest, most prominent medical office building in the West Portal area. There is also approved plans build an additional 7,000 SF over the top of the parking lot to the rear of the property.

FOR SALE DETAILS

PRICE

$7,988,000 USD

PRICE/SF

$719 USD /SF

CAP RATE

7.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

WPORTL

APN/PARCEL ID

3012-018,3012-019

ASK ABOUT THIS PROPERTY

Catherine HouseSVN InternationalMore Info
415-464-6401

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

Catherine HouseSVN InternationalMore Info
415-464-6401

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