8 Persia Avenue, San Francisco
San Francisco Home For Sale
Occupy the second floor and pay less than a lease at a comparable unit: Monthly Cost to Own 8 Persia/4696 Mission is +/-$8,924/Mo. (SBA Mortgage minus Net Operation 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 SF. It features wraparound frontage along Mission St, Persia Ave, and Ruth St, enabling visible signage opportunities. The ground floor is a retail space of +/-3,550 SF, characterized by high ceilings, abundant natural light, an open retail area, and storage rooms. This space is currently leased to a beauty shop with term ending in 2028. The +/-3,560 SF second floor is ideal for an office, retail, or professional services owner-user who can occupy it while collecting rental income. Mission Terrace boasts excellent connectivity to MUNI, BART, and Hwy 280. Key thoroughfares like Ocean Ave, Alemany Blvd, and Mission St provide a constant source of traffic. It's also a hub for restaurants and retailers and is near CCSF. The investment appeal of the property is its prominent corner location, owner-user potential, and flexible allowable uses.
Property Details
Essential Information
-
- MLS® #:
- 424041436
-
- Price:
- $2,499,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 7,110
-
- Acres:
- 0.09
-
- Year Built:
- 1953
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Office
-
- Status:
- Active
Community Information
-
- Address:
- 8 Persia Avenue
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- Area:
- SF District 10
-
- Subdivision:
- Excelsior
-
- City:
- San Francisco
-
- County:
- San Francisco
-
- State:
- CA
-
- Zip Code:
- 94112
Additional Information
-
- Date Listed:
- May 7th, 2024
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.