Under contract
Contingent - Show
1945 Divisadero Street
San Francisco CA, 94115
$1,850,000
$244.48 per sqft
Under contract
Contingent - Show
7,567 sqft
Commercial
Built in 1923
SVN is pleased to present the opportunity to purchase 1945-1947 Divisadero Street, San Francisco. The property is leased to behavioral health and mental health doctors, therapists and other professionals. All of the leases expire within the next twelve months. The majority of the tenants are long-term tenants interested in renewing their leases. This property offers the potential for an investor to create a stable income stream at a potential 11.42%+ proforma cap. rate, or alternatively, the space could be delivered partially vacant for use by a potential owner- occupier business. The building was originally built as 5 residential (2-bed) units with ground floor retail. The residential units were converted to 5 suites with 4 offices each in 1981. The original retail space remains and was leased to a tenant for 30 years. PROPERTY HIGHLIGHTS Professional office building with ground-floor retail Leased to behavioral health, mental health doctors, therapists, and other office-use professionals Rare 100% commercial property in the Lower Pacific Heights submarket
424004629
MLSⓇ ID
June 21, 2022
Listed
November 22, 2024
Updated
Map
1945 Divisadero Street
San Francisco CA, 94115
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Other Property Details
Area Name
SF District 6
Garage
No
Parking Total
0
View
No
County
San Francisco
Pool
No
Listed by Catherine E House with Catherine House, Broker
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. Data last updated on 11/22/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Oliver Burgelman | CA DRE# 01388135 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:52 PM UTC, 11/22/2024