292 Noe St, San Francisco, CA 94114

Property Description

LOOKOUT! Iconic San Francisco Building For Sale! For the first time in nearly 50 years, a legendary piece of San Francisco history is up for grabs at the ultra-high-traffic intersection of Market, 16th, and Noe Streets! This trophy asset in the coveted Duboce Triangle/Castro district is a powerhouse of passive income, featuring four sun-drenched retail spaces anchored by three thriving, long-term tenants. The street level boasts maximum visibility with Max Muscle dominating the corner for over two decades, El Tucan Tacos drawing massive crowds to its vibrant outdoor commercial parklet, and a flexible ground-floor annex perfect for neighborhood pop-up shops. The building's crown jewel is The Lookouta legendary neighborhood staple for nearly 20 yearswhich occupies the entire second floor, boasting a massive 237-person capacity, a full commercial kitchen, and jaw-dropping, wrap-around views of the bustling district. Engineered for seamless ownership, this low-overhead investment features independent meters and hot water heaters for all units, alongside highly desirable NNN leases (with a protective tax reimbursement cap for The Lookout), offering a savvy investor a once-in-a-generation opportunity to own the ultimate Castro landmark!