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Los Metates Taqueria 231 Lux Ave 1,584 SF 100% Leased Retail Building South San Francisco, CA 94080 $1,533,950 CAD ($968.40 CAD/SF)



Executive Summary
Unlock the potential at 231 Lux Avenue, a rare mixed-use property in South San Francisco. This two-story building features a rented 3-bedroom, 1-bath residential unit and a long-standing commercial space with beer & wine license, offering a turnkey opportunity for income or owner-use.
Imagine the endless possibilities: transform the space into a vibrant daycare, boutique retail, or modern professional office, split the lot to develop an additional parcel, or add an ADU for a separate multifamily unit. The property also accommodates outdoor seating, events, or specialized business uses, making it a flexible canvas for investors or entrepreneurs to maximize both income and lifestyle benefits. Broker's Tour: February 18, Wednesday from 1-2pm.
With dual street access, a rear yard seating 40+ guests, and excellent exposure near Grand Avenue, Oyster Point, biotech campuses, and major freeways, this property offers unmatched convenience and visibility. Don’t miss this opportunity to own a South San Francisco property with income potential, live-work versatility, and endless development possibilities.
Imagine the endless possibilities: transform the space into a vibrant daycare, boutique retail, or modern professional office, split the lot to develop an additional parcel, or add an ADU for a separate multifamily unit. The property also accommodates outdoor seating, events, or specialized business uses, making it a flexible canvas for investors or entrepreneurs to maximize both income and lifestyle benefits. Broker's Tour: February 18, Wednesday from 1-2pm.
With dual street access, a rear yard seating 40+ guests, and excellent exposure near Grand Avenue, Oyster Point, biotech campuses, and major freeways, this property offers unmatched convenience and visibility. Don’t miss this opportunity to own a South San Francisco property with income potential, live-work versatility, and endless development possibilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,584 SF
Building Class
C
Year Built
1915
Price
$1,533,950 CAD
Price Per SF
$968.40 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.11 AC
Zoning
CL00C2
Parking
4 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 012-314-020 | Improvements Assessment | $296,805 CAD |
| Land Assessment | $221,780 CAD | Total Assessment | $518,585 CAD |
Property Taxes
Parcel Number
012-314-020
Land Assessment
$221,780 CAD
Improvements Assessment
$296,805 CAD
Total Assessment
$518,585 CAD
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Los Metates Taqueria | 231 Lux Ave
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