San Francisco, CA 94103,1586 Folsom ST
San Francisco, CA 94103,1586 Folsom ST
San Francisco, CA 94103,1586 Folsom ST
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Listed by Matthew C Sheridan Maven Commercial, Inc.
$3,750,000
Est. payment /mo
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6 Beds
9,300 SqFt
Active

1586 Folsom ST San Francisco, CA 94103

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,300 sqft

Price per Sqft $403

MLS Listing ID 425020288

Bedrooms 6

HOA Y/N No

Year Built 1916

Lot Size 3,397 Sqft

Acres 0.078

Property Sub-Type Mixed Use

Property Description

For the first time in over half a century, this historic mixed-use property is available for sale. Located at the high-visibility corner of 12th and Folsom Streets in San Francisco's resurgent South of Market neighborhood, this unique opportunity offers both commercial and residential components. The ground floor features a fully built-out bar and restaurant, boasting over 3,300 sq. ft. of space and 118 feet of frontage along both Folsom and 12th Streets. This high-exposure corner location includes expansive windows, prominent identity signage, two full bars, two dining rooms, a Type 2 hood, prep kitchen, office space, and large walk-in coolers. There are two years remaining on the current lease, with no renewal option. The tenant currently holds a Type 47 liquor license. (Please note: the bar and restaurant business is not included in the sale of the building.) The residential component consists of 10 apartment units, including six one-bedroom units and four studio units. Most units have been renovated with updated kitchens and bathrooms. Expenses are low, and there are banked rent increases available. The property has undergone a seismic retrofit and a fire alarm system upgrade.

Location

State CA

County San Francisco

Area Sf District 9

Zoning WMUG

Interior

Fireplace No

Building

Lot Description Corner Lot

Story 3

Level or Stories Three Or More

New Construction No

Others

Tax ID 3516018


San Francisco MLS - SFAR

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1586 Folsom ST