Just Listed​


3227-3235 & 3239-3247 Balboa Street 
 
Commercial Properties for Sale
 

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3231 and 3239 Balboa Street are two adjacent commercial properties in the Outer Richmond. Constructed in 1938, the buildings have attractive Art Deco Facades and offer excellent space for small business retailers. Each building has 3 commercial units.  The spaces are clear span with high ceilings and great light.  The building is fully occupied providing stable income with upside potential.  The tenants are a mix of community servicing businesses and retailers.  3227 Balboa has a very nice 2bd apartment at the rear of the space and thus has been partially used as residential for many years.  The combination of both lots is over 10,000 square feet, per tax records, and may offer development potential.  The properties must be purchased together.  These properties present a turn-key investment opportunity with upside in rents.  Priced at only $256 per square foot, this is an incredible value.