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2543-2545 24th St 3,375 SF Vacant Retail Building San Francisco, CA 94110 $2,335,966 CAD ($692.14 CAD/SF)

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Investment Highlights

Full Floor Residential Flat
Washer / Dryer In Residential Unit
ADA Compliant Entrance

2 Car Garage
Large Signage
ADA Compliant Restroom

Executive Summary

The subject property offers a full floor residential flat, which is currently leased. The ground floor commercial space is a fully operational cocktail bar with an ABC Type 48 liquor license which will be delivered vacant at closing. The bar has a full basement built out for back of house operations and storage. Additionally, there are two garage parking spaces. One space is leased to the residential tenant on a month to month basis. The second space is leased for one (1) year. The building has gone through a seismic retrofit and major renovations making this property a turnkey operation.
*The residential lease term goes through 5/31/2026 at $5,700 per month.
**The residential tenant garage lease is month to month at $250 per month.
***The second garage space is leased through 4/30/2026 at $375 per month.
***Please note that the ABC liquor license will be sold in a separate escrow transaction as part of the total sale price.
SALE PRICE: $1,720,000 / $327 PSF
ABC LIQUOR LICENSE: $130,000.

2543_2545_24th_OM

2545_24th_Flyer

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

3,375 SF

Building Class

Year Built

1900

Price

$2,335,966 CAD

Price Per SF

$692.14 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

3 Stories

Building FAR

1.29

Lot Size

0.06 AC

Zoning

24MISS - Mission St San Francisco

Frontage

68’ on 24th St

Corner Lot

Air Conditioning

Space Availability

Space
Size
Space Use
Position
Available

Basement
1,500 SF
Retail
In-Line
Now

Full Basement For Bar Back Of House / Storage Employee Restroom (Basement). Key Money: $150,000 Rental Rate: $7,500 / Month, Industrial Gross. Hard Corner Location Large Signage ADA Compliant Entrance ADA Compliant Restroom Walk In Refrigerator Type 48 Liquor License.

Ground Fl
1,875 SF
Retail
-
Now

Key Money: $150,000 Rental Rate: $7,500 / Month, Industrial Gross. Hard Corner Location Large Signage ADA Compliant Entrance ADA Compliant Restroom Walk In Refrigerator Full Basement For Bar Back Of House / Storage Employee Restroom (Basement) Type 48 Liquor License.