Rare opportunity to acquire a stabilized asset at a 11.74% cap rate, 6.42GRM and $316.47 per sq ft. near Civic Center and the Van Ness Corridor. Ground floor are 4 commercial stores and 11 SRO at the upper level and most of Room have been nicely remodeled in the recent past. Substantial income upside potential with acquiring a new tenant for the vacant commercial space for restaurant or bar. Currently 4 stores including 1 vacant, a Grocery Store, a Smoke Shop and a Bar.
Listing courtesy of Compass.
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