$3,750,000 | 9 UNITS | MISSION

Just Listed

1754-1760 Mission Street

9

Units

5.2%

Cap Rate

12.9

GRM

5,970

Square Feet

1754-1760 Mission Street is a nine-unit mixed-use building in the Mission Disctrict.  The property will be delivered completely vacant with no evictions. This is an icredible opportunity to purchase a highly-upgraded asset that provides a blank-slate for new owners.  The apartments consists of two 1bd, three Junior 1bd, and three studios.  Five of the apartments have been recently remodeled.  The units have hardwood floors, modern finishes, and great natural light.  There is a large ground floor commerical space, approximately 1,950 sq.ft., that takes up the entire footprint of the building.  It is a clear-span with high-ceillings, structural steel beamsm and makes for an incredible workspace.  The flexible zoning allows for a range of commercial uses.  The expansive garage with roll-up door can accommodate large vehicles and equipment.  The space was previously occupied and is well-suited for a contractor or similar trade, particulary being located one block from DBI.  The building's electrical service was recently upgraded, including new wiring and subpanels to most units.  Heat is supplied through a newer radiant floor heating system or wall-heaters.  All units are separately metered for gas and electricity, keeping operating expenses to a minimum.  This opportunity is well-suited for non-profits, co-living groups, contractors or other businesses that want an incredible workspace, a large garage, and convenient location.