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Listed by Santino DeRose Maven Commercial, Inc.
$ 3,000,000
Est. payment /mo
Active
2396 Lombard ST San Francisco, CA 94123
3,814 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,814 sqft
Price per Sqft $786
MLS Listing ID 425015049
HOA Y/N No
Year Built 1908
Lot Size 2,761 Sqft
Acres 0.0634
Property Sub-Type Retail
Property Description
2398 Lombard Street is a fully leased commercial property in San Francisco's highly desirable Marina District, offering investors a potentially rare opportunity to own a stable, high-performing asset in one of the city's most vibrant submarkets. With a projected 6.15% cap rate, this property has potential for excellent cash flow. The next lease expiration is not until 2026, adding to its investment security. Situated along Lombard Street, a major thoroughfare connecting the Marina to the rest of the city, the property benefits from exceptional foot traffic, strong local demographics, and a dynamic mix of retail, dining, and entertainment options. The surrounding neighborhood is known for its energetic atmosphere, attracting both locals and tourists alike, with popular nearby destinations including Chestnut Street's boutique shops and eateries, the Presidio, Crissy Field, and easy access to the Golden Gate Bridge. See attached statement.
Location
State CA
County San Francisco
Area Sf District 7
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0489022
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