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637-639-645-647 Clement Street 637-639 Clement St 6,179 SF 100% Leased Retail Building San Francisco, CA 94118 $4,200,000 ($679.72/SF) 4.53% Cap Rate



Executive Summary
637-639 and 645-647 Clement Street, San Francisco is an approximately 6,179 sq ft mixed-use commercial/residential real estate offering collectively consisting of 3 retail unit properties and one apartment with an expansive 54 feet of street frontage. Unit 637 is a retail tobacco goods store; unit 639 is occupied by King's Thai Cuisine restaurant. 645 Clement is a bustling 3,200 approx. sq ft Chinese dry goods market, with a very large refrigeration/freezer area in the back. Directly above the market is a spacious/renovated 2,300 approx. sq ft 3 bedroom, 2 full bath residence. Amenities of this light filled apartment, which was extensively renovated in 2005, include a modern gourmet kitchen, an oversized living room with fireplace, and soaring ceilings throughout. Located in one of the most prime shopping districts in the inner Richmond, the 600 block of Clement (between cross streets of 7th & 8th Avenue)sees a tremendous amount of foot traffic and serves as a central community shopping destination. The addresses of 635-637 & 645-647 will only be sold as one combined offering. With close proximity to the University of San Francisco and UCSF's Laurel Heights Campus, 637-639 and 645-647 Clement Street is truly one of the best retail location investment opportunities offered anywhere in the city.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
6,179 SF
Building Class
C
Year Built
1911
Price
$4,200,000
Price Per SF
$679.72
Cap Rate
4.53%
NOI
$190,355
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.18
Lot Size
0.12 AC
Zoning
NCD
Frontage
53’ on Clement
Amenities
- Restaurant
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,846,717 | |
| Land Assessment | $2,770,079 | Total Assessment | $4,616,796 |
Property Taxes
Parcel Numbers
Land Assessment
$2,770,079
Improvements Assessment
$1,846,717
Total Assessment
$4,616,796
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637-639-645-647 Clement Street | 637-639 Clement St
