3232 Scott, San Francisco, CA 94123
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Listed Price :
$2,450,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
Wonderful investment opportunity to acquire the fee simple interest in a two-unit mixed-use commercial property in San Francisco, West of Van Ness Submarket.
Nestled in the heart of San Francisco’s coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio.
• Highly Desirable Location: Situated in the Marina District, one of San Francisco’s most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand.
• Mixed-Use Composition: Two-unit property with ground-floor retail and residential/commercial office space above, catering to both commercial and residential tenants.
• Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations.
• Favorable Lease Terms: Leases extending into 2028 and 2026, providing long-term income stability.
• Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor.
• See OM in Supplements for more info
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
3232 Scott |
| City |
San Francisco |
| State |
CA |
| Zip |
94123 |
| County |
San Francisco |
| Listing Agent |
Austin Ng DRE #02242781 |
| Co-Listing Agent |
JENNIE CHING DRE #02018566 |
| Courtesy Of |
KW Executive |
| List Price |
$2,450,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
2,748 |
Listing information courtesy of: Austin Ng, JENNIE CHING, KW Executive. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 13th, 2025 at 11:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
