Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
Email: [email protected]
Welcome to 1327-1329 Grant Ave located in the vibrant North Beach district of San Francisco!! North Beach is a popular destination for tourist and locals, known from its great bites to legendary independent businesses. With its convenient location, this three unit SRO mixed-use property with a 1400 sqft commercial space on the ground level is close proximity to the Financial District, Nob Hill, Chinatown, and Fisherman's Wharf. The lively neighborhood known for its amenities, walk-ability, local businesses, coffee shops, and city parks compliment all the possibilities of starting a business in hospitality. This property is positioned to capture both leisure and world travelers enhancing its appeal as a paramount destination in North Beach. The certificate of use for this residential hotel authorizes the operation of 15 SRO of which 10 rooms are readily available for occupancy!!! Property includes commercial space on the first level undergoing seismic retrofit upgrade, which has the ability to provide additional valuable income potential once complete. Seize this opportunity to own a mixed-use asset that can deliver outsized returns long-term in an excellent location!!!
