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637-639 Clement Street 637-639 Clement St 1,516 SF 100% Leased Retail Building San Francisco, CA 94118 $4,200,000 ($2,770.45/SF) 4.53% Cap Rate

Executive Summary
637-639 and 645-647 Clement Street, San Francisco is an approximately 7,016 sq ft mixed-use commercial/residential real estate offering collectively consisting of two 2-unit properties with an expansive 28 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 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 street sees a tremendous amount of foot traffic and serves as a central community shopping destination. 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
1031 Exchange
Property Type
Building Size
1,516 SF
Year Built/Renovated
1911/2000
Price
$4,200,000
Price Per SF
$2,770.45
Cap Rate
4.53%
NOI
$190,355
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.03 AC
Zoning
NC-2 - Zoned NC-2 Neighborhood Commercial
Amenities
- Restaurant
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
1 of 2
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637-639 Clement Street | 637-639 Clement St
