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512-520 GRANT AVENUE
SAN FRANCISCO, CA 94108
512-520 Grant Avenue is an incredible opportunity to own a mixed-use building in Chinatown. It is conveniently located at a high foot traffic commercial area among Downtown, Union Square and Nob Hill. The building features ground floor commercial space & 6 residential units. The residential units comprise of 1 studio, 2 one-bedroom, and 3 two-bedroom units. The residential units get great light and rear units have beautiful views of downtown, and St. Mary’s Square Park. Five of the six residential units were recently renovated and feature updated floor plans, new floors, kitchen, and bathrooms. All units have separate gas and electric meters and water tanks, and were updated with 60 amp electrical service. Earthquake Seismic retrofit has been completed.
The commercial space can be used for Retail Sales & Service, and Entertainment, Arts and Recreation. Ground floor commercial space is ~1,870 square feet plus a mezzanine (~ 458 square feet) and the full basement adds ~ 2,226 square feet.
For the residential units, the building is a short walk into the financial district, downtown, SOMA, Trader Joe’s, Target, and 24 Hour Fitness. BART, Muni, and the new Chinatown Central Subway Station ensure easy access throughout the city. For the commercial unit, 512 Grant is situated right along the heavily trafficked tourist corridor from Union Square, Financial District through Chinatown and out to North Beach. Well-situated for both residential and commercial applications, with a walk score of 100 and a transit score of 100.
Approximately $600,000 on capital improvements within one year. Complete renovations of 5 residential units, lobby & common area improvements, new exterior paint, fire alarm system update. Entire building can be delivered vacant at COE .
Offered at $5,395,000
Building SqFt: ± 7,760 (per owner)
Lot SqFt: ± 1,875
Units: 6 Residential, 1 Commercial
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