3100 Fillmore St, San Francisco, CA 94123
- $7,500,000
- List Price
- $7,500,000
Property Description
Available for the first time in over 45 years, 3100 Fillmore Street is a rare, stabilized retail investment on a prominent Main & Main corner on the sunny side of Fillmore in the heart of Cow Hollow/Marina. The offering includes two contiguous parcels spanning nearly a full block, with approximately 11,122 SF of buildings on 8,400 SF of land, plus on-site parking. The property is leased to a strong mix of tenants, including Rapha, Lilikoi, Angela's Ice Cream, Engineering 350, Kerner Chiropractic and Commonspace SF, plus a residential unit at 195 Pixley. Priced at $7,500,000 ($674/SF) with a 6.15% cap rate, it offers in-place income with upside as leases roll. Surrounded by Balboa Cafe, PlumpJack, Mixt, Crenn and Fredericksen's Hardware, the site also offers long-term redevelopment potential of approximately 50,400 SF (50+ units) with the State Density Bonus, subject to approvals. I didn't call it 100% leased. The OM's rent roll shows 195 Pixley as Vacant but still counts $5,000/month for it, so check its status before adding that.
/u.realgeeks.media/basallewongrealty/BWR_Logo5.png){kind=logo}
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Maven Commercial, Inc..
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.