4696 Mission St | 8 Persia Ave
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4696 Mission St 8 Persia Ave
7,110 SF 100% Leased Office Building San Francisco, CA 94112 $3,116,907 CAD ($438 CAD/SF) 7.49% Cap Rate
Investment Highlights
- Prominent Corner Location Along Well-Trafficked Retail Corridor. Excellent Signage Opportunities. Near Transportation, Institutions, and Retailers
- Perfect for an Owner-User that can Occupy While Collecting Rent from the Other Unit
- 2-Unit 7,110 Square Foot Commercial Property with Abundant Natural Light Throughout and High Ceilings on the Ground Floor. Concrete Construction
Executive Summary
Occupy the second floor and pay less than a lease at a comparable unit: Monthly Cost to Own 8 Persia/4696 Mission is ~$6,349/Mo. (SBA Mortgage minus Net Operating Income) VS. Average Cost to Lease a Comparable 3,560 SF Unit is ~$11,223/Mo.
8 Persia Avenue/4696 Mission Street is a commercial property located on a signalized corner in the Mission Terrace District of San Francisco.
The property is +/-7,110 square feet. It features wraparound frontage along Mission Street, Persia Avenue, and Ruth Street, enabling highly visible signage opportunities. The ground floor is a retail space of +/-3,550 square feet, characterized by high ceilings, abundant natural light, an open retail area, and storage rooms. This space is currently leased to a beauty shop with a lease term ending in 2028. The +/-3,560 square foot second floor is ideal for an office, retail, or professional services owner-user who can occupy it while collecting rent from the ground floor tenant.
Mission Terrace boasts excellent transportation connectivity; MUNI bus/light rail, BART, and Highway 280 are all within moments of the property. Key thoroughfares like Ocean Avenue, Alemany Boulevard, and Mission Street provide a constant source of traffic. It’s also a hub for restaurants and retailers, and is near the City College of San Francisco.
The investment appeal of the property is its prominent corner location, owner-user potential, and flexible allowable uses.
8 Persia Avenue/4696 Mission Street is a commercial property located on a signalized corner in the Mission Terrace District of San Francisco.
The property is +/-7,110 square feet. It features wraparound frontage along Mission Street, Persia Avenue, and Ruth Street, enabling highly visible signage opportunities. The ground floor is a retail space of +/-3,550 square feet, characterized by high ceilings, abundant natural light, an open retail area, and storage rooms. This space is currently leased to a beauty shop with a lease term ending in 2028. The +/-3,560 square foot second floor is ideal for an office, retail, or professional services owner-user who can occupy it while collecting rent from the ground floor tenant.
Mission Terrace boasts excellent transportation connectivity; MUNI bus/light rail, BART, and Highway 280 are all within moments of the property. Key thoroughfares like Ocean Avenue, Alemany Boulevard, and Mission Street provide a constant source of traffic. It’s also a hub for restaurants and retailers, and is near the City College of San Francisco.
The investment appeal of the property is its prominent corner location, owner-user potential, and flexible allowable uses.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
7,110 SF
Building Class
B
Year Built
1953
Price
$3,116,907 CAD
Price Per SF
$438 CAD
Cap Rate
7.49%
NOI
$233,409 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,555 SF
Building FAR
1.73
Land Acres
0.09 AC
Opportunity Zone
Yes
Zoning
NCD
1 of 1
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (85)
PROPERTY TAXES
Parcel Number | 6955-043 | Total Assessment | $2,688,093 CAD |
Land Assessment | $1,607,815 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $1,071,870 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
6955-043
Land Assessment
$1,607,815 CAD
Improvements Assessment
$1,071,870 CAD
Total Assessment
$2,688,093 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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4696 Mission St | 8 Persia Ave
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