1234 Grant Avenue, San Francisco, CA 94133

Property Description

Fully occupied 6.25% cap rate NNN-leased building in the heart of North Beach. 1234 Grant Avenue consists of an approximately 8,600 square foot three-story building situated on approximately 2,300 square feet of land. Located in the heart of North Beach, this is a unique and rare opportunity to purchase a building in one of San Francisco's most desirable neighborhoods. The property will be delivered fully occupied by two tenants on long term triple net (NNN) leases, making this a perfect opportunity for an investor seeking stable and predictable cash flow with minimal management responsibilities. In the last year, the property has been extensively renovated with significant capital investment, including a full electrical upgrade, complete exterior repainting and refinishing, new wide-plank European white oak flooring, a fully renovated kitchen with marble countertops and stainless steel appliances, new recessed lighting and fixtures throughout, fresh interior paint, decking at the sun deck, and thoughtful interior reconfiguration.