PRIME CHINATOWN CORRIDOR MIXED USE BUILDING
Approx. 7,686 SqFt | 15 Residential Units | Ground Floor Commercial | Offered at $3,900,000.00
Approx. 7,686 SqFt | 15 Residential Units | Ground Floor Commercial | Offered at $3,900,000.00
GALLERY
Welcome to Chinatown: 670 Broadway | $3,900,000
Prime Chinatown Investment Property located just steps to all that the neighborhood has to offer on the vibrant Broadway commercial strip between Stockton and Columbus. San Francisco's Chinatown is the oldest Chinatown in North America and one of the largest outside of Asia filled with colorful shops, delicious restaurants and so much history - it remains one of SF's best tourist and local attractions. Simply iconic. 670-672 Broadway, situated right in the heart, is comprised of 1 ground floor Commercial space + Basement, and 15 Residential units above officially classified as Hotel use - One 1Bed/1Bath Units and Fourteen Studio/1Bath Units. Excellent income - Fully Occupied. Perfect for investors and/or IRC 1031 exchanges. Soft Story retrofit completed and ADA compliant. Opportunity awaits.
GRM: 10.78 Cap Rate: 5.89%
*Ground Floor & Basement in fire sprinkler compliance.
Walk Score: 100
GRM: 10.78 Cap Rate: 5.89%
*Ground Floor & Basement in fire sprinkler compliance.
Walk Score: 100
PROPERTY FLOORPLAN
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Features
• Built in 1905 • 7,686 square feet / 3,094 sqft Lot (per tax records) • 15 Residential Units: One 1Bed/1Ba, 14 Studio/1 Ba • Ground Floor Commercial (Restaurant) plus Basement Storage - street frontage along Broadway • GRM: 10.78 | Cap Rate: 5.89% • Coveted high foot traffic location along Broadway between Stockton and Columbus • 100 Walk Score • Steps to Eateries/Cafes/Public Transit/Downtown and many Iconic SF Landmarks |
Location
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