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$2,600,000 | 5 UNITS | INNER MISSION

Just Listed


2937 Mission Street

5

Units

5.9%

Cap Rate

11.2

GRM

5,370

Square Feet

2937 Mission Street is a well-located mixed-use investment opportunity in San Francisco's vibrant Mission District. The property consists of four one-bedroom apartments and one ground-floor commercial space. All four residential units have been recently remodeled with tasteful, modern finishes including hardwood floors, updated kitchens with marble countertops and stainless-steel appliances, and refreshed bathrooms, all while preserving the building's original charm. The commercial space is leased to Evil Eye Cocktail Lounge, a strong anchor tenant providing a reliable income stream, and the residential units offer stable occupancy with significant upside as tenancies turn over. The building also features garage parking at the rear, accessed on Lilac Street, that is currently leased by the commercial tenant.. Additional systems include 400-amp electrical service and separately metered gas and electricity for all units. Situated on a walkable, transit-rich stretch of Mission Street, the property benefits from immediate proximity to BART, restaurants, retail, and nightlife in one of the city's most dynamic and culturally rich neighborhoods. This is a compelling opportunity to acquire a turnkey, income-producing mixed-use asset in a high-demand San Francisco corridor.

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