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3 Vacant Commercial in the Inner Richmond 700 10th Ave 2,602 SF Vacant Retail Building San Francisco, CA 94118 $1,195,000 ($459.26/SF) 7.49% Cap Rate
Investment Highlights
- Three vacant commercial units delivered free of tenants
- Prime Inner Richmond location at 10th Avenue & Cabrillo Street
- Approximately 2,602 SF building on a 2,848 SF corner parcel
- Just blocks from Golden Gate Park and the Richmond District retail corridor
Executive Summary
Located at the prominent corner of 10th Avenue and Cabrillo Street in San Francisco’s highly desirable Inner Richmond District, 700 10th Avenue / 839-849 Cabrillo Street presents a rare opportunity to acquire a fully vacant commercial property with significant repositioning and redevelopment potential. Situated just blocks from Golden Gate Park and surrounded by a vibrant mix of neighborhood-serving retail, restaurants, and residential housing, the property benefits from exceptional walkability, strong neighborhood demographics, and convenient access to public transportation.
The property consists of three vacant commercial units totaling approximately 2,602 square feet on a 2,848 square foot corner parcel. The flexible NC-1 zoning designation may provide investors, developers, and owner-users with a variety of future use possibilities, subject to buyer verification and City approvals. With all spaces delivered vacant, purchasers have the unique ability to immediately pursue redevelopment, adaptive reuse, owner-user occupancy, or lease-up strategies without existing tenancy constraints.
Opportunities of this nature are increasingly rare in San Francisco’s supply-constrained commercial corridors. The combination of vacant possession, corner frontage, and a highly sought-after Inner Richmond location creates a compelling opportunity to unlock long-term value in one of the city’s most established neighborhoods.
The property consists of three vacant commercial units totaling approximately 2,602 square feet on a 2,848 square foot corner parcel. The flexible NC-1 zoning designation may provide investors, developers, and owner-users with a variety of future use possibilities, subject to buyer verification and City approvals. With all spaces delivered vacant, purchasers have the unique ability to immediately pursue redevelopment, adaptive reuse, owner-user occupancy, or lease-up strategies without existing tenancy constraints.
Opportunities of this nature are increasingly rare in San Francisco’s supply-constrained commercial corridors. The combination of vacant possession, corner frontage, and a highly sought-after Inner Richmond location creates a compelling opportunity to unlock long-term value in one of the city’s most established neighborhoods.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,602 SF
Year Built
1907
Price
$1,195,000
Price Per SF
$459.26
Cap Rate
7.49%
NOI
$89,506
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 58
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3 Vacant Commercial in the Inner Richmond | 700 10th Ave
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