60 Onandaga Ave - Specialty FOR SALE


San Francisco, CA 94112- Mission Terrace
$3,000,000 USD
415-845-1850
60 Onandaga Ave, San Francisco, CA for Sale
$3,000,000 USD
Specialty - FOR SALE
1/9
null | Request Cap Rate

60 Onandaga Ave
San Francisco, CA 94112
Mission Terrace


HIGHLIGHTS

  • Exceptional transit-oriented location near Balboa Park BART and multiple Muni lines.
  • Large 14,798 SF lot in a supply-constrained urban submarket with infill development demand.
  • Existing improvements include banquet hall, commercial kitchen, private offices, and parking.
  • Zoning allows for flexibility with options for residential, institutional, or community reuses.
  • Opportunity to leverage state density bonus laws for increased unit counts and affordability incentives.
  • Situated near retail corridors, higher-education institutions, and major City College campus.

OVERVIEW

60 Onondaga Avenue offers a unique opportunity for investors, developers, or owner-users within San Francisco’s Mission Terrace neighborhood. Positioned on a desirable corner with frontage along Alemany Boulevard, the property combines a substantial land parcel and flexible zoning, making it ideal for a range of redevelopment or adaptive reuse possibilities. Zoning allows for neighborhood commercial uses and residential density consistent with housing initiatives and state laws offering density bonuses. Benefiting from strong transit accessibility, the site is steps away from the Balboa Park BART station and major Muni lines, providing rapid connectivity to downtown San Francisco, the Peninsula, and regional job centers. Easy access to I-280 enhances its appeal for commuters and goods movement. Currently improved as a cultural center and banquet facility, the property features a large hall with exposed wood beams, a commercial kitchen, bar areas, and on-site parking. This asset’s underlying land value combined with significant allowable density under SB-35 and SB-423 positions it to capture demand from San Francisco’s ongoing housing shortage. The surrounding area continues to experience infill development with numerous nearby multifamily projects underway, further supporting its long-term investment potential.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,789 SF

ZONING

NC3

APN/PARCEL ID

6954-036

ASK ABOUT THIS PROPERTY

Victor BorelliCOMPASS CommercialMore Info
415-845-1850

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Victor BorelliCOMPASS CommercialMore Info
415-845-1850

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