Just Listed

1312-1316 18th Avenue

$998,000 | 3 COMMERCIAL UNITS | INNER SUNSET

3

Units

13.9

GRM

4.8%

Cap Rate

1,947

Square Feet

1312-1316 18th Avenue is a commercial building located in the Inner Sunset. The building consists of 3 commercial spaces, two of which will be delivered vacant. There are two street-level retail spaces, one of which is occupied by a successful hair salon. That tenant has a lease through October 31, 2021, but would like to have a new long-term lease executed if that fits with the buyer’s plans. The other street-level space is approximately 376 square feet. The upper space is approximately 1,211 square feet. It was previously occupied by a language school. This property will work well for both investors or ownerusers that would like to have debt-relief from the other commercial tenants. Located just off of Irving Street, this location is easily accessible and within walking distance of the
highly desirable neighborhood amenities of the Inner Sunset. Rarely will one find such an attractive investment opportunity at this price point.