5110-5112 3rd St 1,040 SF 100% Leased Retail Building San Francisco, CA 94124 $1,250,000 ($1,201.92/SF) 4.59% Cap Rate

5110–5112 Third Street is a three-unit mixed-use investment property located in San Francisco’s Bayview neighborhood. The building includes two residential units—one 2-bedroom/1-bath and one 3-bedroom/1-bath—and a ground-floor commercial space. The residential units are occupied at below-market rental rates, presenting future upside potential through natural tenant turnover and rent growth over time.
The street-level retail unit will be delivered vacant, creating an excellent opportunity for immediate lease-up or owner-user occupancy. Situated along the Third Street commercial corridor, the property benefits from strong visibility and exposure to consistent pedestrian and vehicle traffic serving the surrounding Bayview, Bayshore, and Silver Terrace neighborhoods.
The location offers convenient access to the Muni Metro T Third Street line, with direct service to Mission Bay, Downtown San Francisco, and Chinatown. Supported by nearby neighborhood-serving retail, local businesses, and community amenities, the corridor continues to benefit from ongoing residential and commercial demand.
This mixed-use investment opportunity offers operational flexibility, a vacant commercial component, and long-term income growth potential in one of San Francisco’s well-established neighborhoods.