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Investment Highlights
- Development Potential: Multi-unit building per its RM-2 zoning and density bonus.
- Corner location bring sample exposure to street and pedestrian traffic
- Building renovations potential projected to generate long-term investment benefits from rental income.
- Current occupant to vacate property prior to close of escrow.
Executive Summary
A former church is available as-is for a variety of institutional other uses or for potential multi-unit development with its Residential, Mixed Moderate Density (RM-2) zoning plus density bonus potential. Existing building has over 8,000 sqft of space on a landscaped 8,310 sqft lot, offering versatile use of its eight rrooms, including a kitchens, dining hall and classrooms, as well as a tall, bright and meditative main sanctuary hall. Ideally located by Washington High School and Presidio Middle School,
and is a short stroll to the bustling retail corridors on Geary Blvd and Clement Street. Muni 38-Geary bus stops are across the street. Easy access to the Presidio National Park site, Lincoln Park Golf Course and Golden Gate Park.
and is a short stroll to the bustling retail corridors on Geary Blvd and Clement Street. Muni 38-Geary bus stops are across the street. Easy access to the Presidio National Park site, Lincoln Park Golf Course and Golden Gate Park.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,699,000 | Building Class | C |
| Price Per SF | $451.92 | Lot Size | 0.19 AC |
| Sale Type | Investment or Owner User | Building Size | 8,185 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Religious Facility | Year Built | 1949 |
| Zoning | RM2 - RM zones are residential zoning districts, and the RM-2 designation specifically supports moderate-density residential development. | ||
| Price | $3,699,000 |
| Price Per SF | $451.92 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,185 SF |
| No. Stories | 2 |
| Year Built | 1949 |
| Zoning | RM2 - RM zones are residential zoning districts, and the RM-2 designation specifically supports moderate-density residential development. |
Amenities
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1515-041 | Improvements Assessment | $2,141,031 |
| Land Assessment | $1,838,921 | Total Assessment | $3,979,952 |
Property Taxes
Parcel Number
1515-041
Land Assessment
$1,838,921
Improvements Assessment
$2,141,031
Total Assessment
$3,979,952
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6555 Geary Blvd
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