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420 S Van Ness Ave - Retail Condo 1,280 SF Retail Condo Unit Offered at $825,000 in San Francisco, CA 94103
Investment Highlights
- Within a short walking distance to desirable amenities for employees, including Fitness SF, Target, and a variety of unique boutique stores.
- Advantageous location, just minutes away from I-80 and I-280, as well as being within walking distance to Civic Center and public transit options.
- Revel in the spaciousness offered by high ceilings, ample natural light, and open floor plan that allows for versatile office arrangements.
- Delivered vacant at close of escrow.
Executive Summary
Exciting opportunity available in the SoMa district for a retail/commercial condo/restaurant. SoMa, or South Market, is a vibrant area featuring warehouses, art galleries, loft apartments, office buildings, diverse dining options, and trendy nightlife spots. This neighborhood is renowned for its bustling arts scene, abundant entertainment options, and a community of like-minded professionals. Situated on the ground floor with a shared patio, this location at 420 S Van Ness offers a strategic advantage. It is conveniently positioned just one mile away from the iconic Civic Center Plaza. Notably, it shares proximity with major companies such as Twitter, Uber, Reddit, and Square, all within a 10-minute drive. Employees will appreciate the nearby access to essential amenities like Costco, Fitness SF, Target, Sextant Coffee Roasters, and numerous stylish eateries, all just a short walk from the property. This modern commercial condo is the complete package, fulfilling all requirements. It boasts a unique and well-designed open floor plan. The highlights include cutting-edge design, high ceilings, custom concrete flooring, and an exceptional custom-built steel mezzanine, which adds a distinctive touch. With its proximity to Civic Center/UN Plaza, public transit options, and a wide range of dining choices, 420 S Van Ness is the ideal choice for a contemporary workplace that doesn't compromise on quality.
1 Unit Available
Unit 102
| Unit Size | 1,280 SF | Sale Type | Investment or Owner User |
| Price | $825,000 | Cap Rate | 5.50% |
| Price Per SF | $644.53 | NOI | $45,375 |
| Condo Use | Retail |
| Unit Size | 1,280 SF |
| Price | $825,000 |
| Price Per SF | $644.53 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
| NOI | $45,375 |
Sale Notes
Situated on the ground floor with an exclusive patio, this location at 420 S Van Ness offers a strategic advantage. It is conveniently positioned just one mile away from the iconic Civic Center Plaza. Notably, it shares proximity with major companies such as Twitter, Uber, Reddit, and Square, all within a 10-minute drive. Employees will appreciate the nearby access to essential amenities like Costco, Fitness SF, Target, Sextant Coffee Roasters, and numerous stylish eateries, all just a short walk from the property.
Property Facts
| Total Building Size | 50,950 SF | Typical Floor Size | 9,069 SF |
| Property Type | Multifamily (Condo) | Year Built | 2014 |
| Property Subtype | Apartment | Lot Size | 0.32 AC |
| Building Class | A | Parking Ratio | 0.02/1,000 SF |
| Floors | 5 | ||
| Zoning | CM | ||
| Total Building Size | 50,950 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 5 |
| Typical Floor Size | 9,069 SF |
| Year Built | 2014 |
| Lot Size | 0.32 AC |
| Parking Ratio | 0.02/1,000 SF |
| Zoning | CM |
Amenities
Site Amenities
- Elevator
Presented by
420 S Van Ness Ave - Retail Condo
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