Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

3230-3232 Scott St
San Francisco, CA 94123
Multifamily Property For Sale · 2 Units

Investment Highlights

  • Highly Desirable Location: San Francisco’s Marina District
  • Stable Tenancy & Income: Fully leased with annual rental income of $156,600
  • Strong demographics and consumer food away from home spending
  • Mixed-Use Composition: Two-unit property with ground-floor retail and residential space above
  • Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate

Executive Summary

KW Commercial is pleased to present an investment opportunity to acquire the fee simple interest in a two-unit mixed-use commercial property in San Francisco, West of Van Ness Submarket.
Nestled in the heart of San Francisco’s coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio. Investment Highlights include:
Highly Desirable Location: Situated in the Marina District, one of San Francisco’s most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand.
Mixed-Use Composition: Two-unit property with ground-floor retail and residential space above, catering to both commercial and residential tenants.
Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations.
Favorable Lease Terms: Leases extending through May 31, 2028, and October 31, 2026, providing long-term income stability.
Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor.
Strong demographics and consumer food away from home spending

Property Facts

Price Per Unit $1,668,646 CAD
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
Building Class C
Lot Size 0.06 AC
Building Size 4,090 SF
No. Stories 2
Year Built 1917
Zoning NC2

Property Taxes

Property Taxes

Parcel Number
0489-024
Land Assessment
$846,837 CAD
Improvements Assessment
$635,095 CAD
Total Assessment
$1,481,932 CAD
  • Listing ID: 34721202

  • Date on Market: 2025-02-05

  • Last Updated:

  • Address: 3230-3232 Scott St, San Francisco, CA 94123

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}