493 Eddy St
San Francisco, CA 94109
The Adrian Hotel · Hospitality Property For Sale · 15,520 SF

The subject property is a 55 unit mixed use SRO hotel located on the corner of Hyde and Eddy Streets. The building consists of 52 rooms (28 Tourist and 24 SRO), and 3 Retail spaces (A Liquor Store, Korean restaurant, and a Vietnamese Restaurant). Additionally there are 12 unwarranted rooms. Currently 30 of the rooms are vacant. There is also the possibility of adding private baths to approximately 15 additional rooms. This provides the owner with the potential to have private baths for nearly all of the Tourist rooms, which will command a significantly higher daily rate. The rooms are on a master-meter for gas and electricity. The three retail spaces are separately metered for utilities. 493 Eddy Street is centrally located and provides easy access to Civic Center, the Van Ness Corridor, Union Square, and the Financial District. This unique asset offers investors an opportunity to add-value through remodeling of vacant rooms, additions of baths, and a more efficient management style.