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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.

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
Office
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
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (85)
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
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
  • Listing ID: 32123650

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 8 Persia Ave, San Francisco, CA 94112

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