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Investment Highlights
- Fully-Leased Retail/Office Condominium
- 5.0% Cap Rate
- One Block to Oracle Park
- Renovated Ground Floor Space
- Six (6) Deeded Parking Spaces
- Caltrain, BART, Muni & Many Nearby Amenities
Executive Summary
Positioned in the heart of San Francisco’s vibrant South Beach district, 699 2nd Street offers a rare opportunity to own a sleek and modern ±3,300 square foot retail/office condominium. This space combines architectural sophistication with functional design, making it ideal for investors seeking stable income in a high-demand location.
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- Offering Memorandum
1 Unit Available
Unit 699
| Unit Size | 3,300 SF | Sale Type | Investment or Owner User |
| Price | $2,250,000 | Cap Rate | 5.00% |
| Price Per SF | $681.82 | NOI | $112,500 |
| Condo Use | Retail | No. Parking Spaces | 6 |
| Unit Size | 3,300 SF |
| Price | $2,250,000 |
| Price Per SF | $681.82 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.00% |
| NOI | $112,500 |
| No. Parking Spaces | 6 |
Description
- Fully-Leased Retail/Office Condominium
- Renovated Ground Floor Space
- Two (2) Conference Rooms
- One (1) Kitchenette
- Access to Shared Roof Deck
- Six (6) Parking Spaces
- Open Floor Plan
- Caltrain, BART, Muni & Many Nearby Amenities
- One Block to Oracle Park
Sale Notes
699 2nd Street is a fully-leased ± 3,300 square foot retail/office condominium located in the heart of San Francisco’s bustling South Beach district. The space boasts a sleek and modern design with high ceilings, large windows, and an abundance of natural light. The open floor plan allows for maximum flexibility and can easily accommodate a variety of business types.
The unit features a large storefront with large windows, providing maximum visibility for any business. The space is perfect for a variety of retail and office uses. The office area features a two conference rooms, and a kitchenette.
The office area is equipped with state of-the-art technology, including high-speed internet and advanced telecommunications.
The building features an electronic security system and is accessible 24/7. Additional amenities include a rooftop deck with breathtaking views of the city, and six (6) deeded parking spaces in a gated garage. Five of which are currently leased to the tenant. The location is easily accessible by public transportation and is surrounded by a variety of tech firms, restaurants, shops, hotels, the Embarcadero, Oracle Park, and Chase Center.
Property Facts
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Smoke Free
- Storage Space
- Elevator
- Public Transportation
Presented by
699 2nd St
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