This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1900 Folsom St

3 Unit Apartment Building $2,338,825 CAD ($779,608 CAD/Unit) 6.61% Cap Rate San Francisco, CA 94103

Investment Highlights

  • Two (2) Spacious 4bd Flats Currently Tenant Occupied
  • Type 47 Liquor License Available
  • Hard Corner Location in the Mission District
  • Vacant Bar/Restaurant Space with Type 1 Hood
  • Four (4) Independent Garages – Delivered Vacant
  • Ideal Opportunity for Owner-Operators or Mixed-Use Investors

Executive Summary

1900-1904 Folsom Street is a three (3) unit mixed-use building located at the corner of Folsom and 15th Street in the vibrant Mission District of San Francisco. The property includes a ground-floor commercial space, two (2) apartment units, and four (4) independent garage parking spaces that will be delivered vacant.
The commercial space was previously occupied by a popular local tavern and comes equipped with a Type 1 hood, outdoor seating, and a classic wood back bar. Additionally, the offering includes the option to purchase a Type 47 liquor license, presenting an excellent opportunity for owner-operators.
The residential units are spacious four-bedroom flats. One of the units (1902) has been updated and features in-unit laundry facilities.
The property is located within a couple of blocks of various neighborhood favorites, such as Flying Pig Bistro, Jolene's Bar, Gus's Community Market, Tartine Manufactory, and Mission Bowling Club.

Data Room Click Here to Access

Property Facts

Price $2,338,825 CAD
Price Per Unit $779,608 CAD
Sale Type Investment
Cap Rate 6.61%
Gross Rent Multiplier 11.13
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,034 SF
No. Stories 3
Year Built 1906
Parking Ratio 0.92/1,000 SF
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (97)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3552-001
Land Assessment
$611,070 CAD
Improvements Assessment
$254,602 CAD
Total Assessment
$865,672 CAD

zoning

Zoning Code RH-3
RH-3
  • Listing ID: 30980095

  • Date on Market: 2024-02-16

  • Last Updated:

  • Address: 1900 Folsom St, San Francisco, CA 94103

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}