225 Jones St is a 20-Unit mixed-use Multifamily building located in the Tenderloin. It is an excellent renovation opportunity with substantial upside for investors who are motivated. It consists of 16 large studio apartments, ranging in size from +/- 350-400 square feet each. 14 of the studios are currently vacant. On the ground level, there are 4 commercial spaces, two of which are occupied by a city favorite, Yemen Kitchen and the other, by the popular Hung Phat Bakery, both are on month-to-month basis. The building is located just around the corner from the Tenderloin Police Station. There is an impressive return on investment for buyers who are ready to renovate and stabilize the asset. Market rents for the renovated studios range between $1,300-$1,400 a month while the commercial spaces command +/1 $1,700 a month. The adjacent apartment building has high occupancy and attracts many interested tenants because of its attractive price point. Our firm has recently placed 5 commercial Tenants in the Tenderloin ranging from nonprofits to small retailers. We currently represent 15+ commercial spaces in the Tenderloin and have been filling properties quickly as interest is high.
MLS #
SF424050627
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
64
Foundation
Slab
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Zoning
RC4
Listing Agent
Mark Fry
Maven Commercial, Inc.
License #: 02068463
Phone: (415) 793-1403
Co-Listing Agent
Matthew Sheridan
License #: 01390209
Phone: (415) 727-1271
# Buildings | # Leased Units | # Total Units |
---|---|---|
20 | 2 | – |
225 Jones St is a Residential Income in San Francisco, CA 94102. This 9,420 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,450,000 and was built in 1925.
This address can also be written as 225 Jones St, San Francisco, CA 94102.©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of July 20, 2024. For the most current information, please contact Mark Fry, (415) 793-1403