2450-2456 Van Ness Avenue is an extremely well-located property. This five unit mixed-use building consists of one ground floor commercial unit and four residential unit. The commercial space offers approximately 2,000 square feet of usable space with excellent frontage on Van Ness Avenue as well as a perpendicular “blade” sign. The four residential units include two 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/1-bath unit. The commercial space will be delivered vacant.
Ideal for both owner-users and investors. A buyer with a business can occupy the ground floor commercial space while offsetting overhead expenses with the income from the apartments. Investors will be buying a well-maintained mixed-use building in one of the most desirable neighborhoods in San Francisco.
GRM:
11.35
PRICE/FOOT:
$425
CAP RATE:
6.12%
PRICE/UNIT:
$480,000
Square Feet:
5,644
Status Date:
5/16/24
Units:
5
Status:
Available
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Senior Vice President
Mobile: 415.794.9510
john@antoninisf.com
John Antonini is a commercial agent who represents clients in the sale and purchase of residential investment property in San Francisco. Since 2007, he has a built a proven track record of adding-value for Buyers and Sellers of SF apartment, mixed-use and commercial transactions.