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1701 Church St 3,940 SF 100% Leased Retail Building San Francisco, CA 94131 $2,400,000 ($609.14/SF) 6.35% Cap Rate



Investment Highlights
- New Roof in 2015
- Many Recent Capital Improvements
Executive Summary
Nestled in the highly desired Noe Valley neighborhood, 1701 Church Street presents an opportunity to own a distinctive mixed-use property that blends architectural charm with modern convenience. This exceptional, well-maintained building stands as a unique architectural example which offers both residential comfort and commercial functionality in one of San Francisco's most desirable locations. The property features three units: two beautifully updated residential units situated on the top floor and one extensively built-out commercial space on the ground floor. The residential units have been thoughtfully renovated, boasting custom wood windows, hardwood flooring, abundant natural light, in-unit laundry, dishwashers, and modern cabinetry. These stylish and comfortable spaces cater to tenants seeking contemporary living in a prime location. The rear deck spans approximately 225 square feet and provides a valuable outdoor extension of the living space, with a stairwell leading down to a secure indoor area housing the building's three Recology bins (garbage, compost, and recycling). The ground-floor commercial unit is home to GetzWell Personalized Pediatrics, a well-established and highly regarded primary care pediatric practice. The space has been meticulously renovated to support healthcare services, reflecting a significant investment in both infrastructure and aesthetic appeal. GetzWell has been a long-term tenant since 2008 and plans to remain, providing immediate and stable rental income. The building has undergone numerous capital improvements, ensuring long-term viability and reduced maintenance for the new owner. All tenants have demonstrated strong stability, with residential tenants in place for multiple years and rents that are at or near market levels. Its prime location on Church Street guarantees excellent visibility, high foot traffic, and convenient access to public transportation. Noe Valley's vibrant community offers a blend of boutique shops, renowned dining options, and parks, enhancing the desirability of this one-of-a-kind property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,940 SF
Building Class
C
Year Built
1900
Price
$2,400,000
Price Per SF
$609.14
Cap Rate
6.35%
NOI
$152,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.05 AC
Zoning
NC1, San Francisco
Frontage
Amenities
- Metro/Subway
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6633-023 | Improvements Assessment | $889,364 |
| Land Assessment | $1,334,050 | Total Assessment | $2,223,414 |
Property Taxes
Parcel Number
6633-023
Land Assessment
$1,334,050
Improvements Assessment
$889,364
Total Assessment
$2,223,414
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1701 Church St
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