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740 Washington St
San Francisco, CA 94108
740-742 Washington St, San Francisco, CA94108 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent Location in Chinatown
- Upper 2 Floors Approved for Residential Conversion
- One Commercial Unit with Basement
EXECUTIVE SUMMARY
740-742 Washington Street is a distinguished three-story commercial building nestled in the historic Chinatown of San Francisco. The Property is a prime location directly facing Portsmouth Square, which is currently undergoing a $66 million enhancement project. Conveniently, the property is within walking distance of both the Financial District and Union Square, with accessible public transit options.
Per tax records, the property spans 10,229 square feet, resting on a 3,764-square-foot lot. It features a ground-floor commercial unit with a spacious basement. Additionally, the upper two floors, already city-approved for conversion, offer the potential for two expansive residential units. Identified by APN 0194-009, the property falls under CVR zoning, designated for Chinatown Visitor Retail.
This property stands as an exceptional investment opportunity, ripe with redevelopment potential, appealing to imaginative investors seeking a foothold in San Francisco’s dynamic market.
Per tax records, the property spans 10,229 square feet, resting on a 3,764-square-foot lot. It features a ground-floor commercial unit with a spacious basement. Additionally, the upper two floors, already city-approved for conversion, offer the potential for two expansive residential units. Identified by APN 0194-009, the property falls under CVR zoning, designated for Chinatown Visitor Retail.
This property stands as an exceptional investment opportunity, ripe with redevelopment potential, appealing to imaginative investors seeking a foothold in San Francisco’s dynamic market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,229 SF
Building Class
C
Year Built
1907
Price
$6,746,600 CAD
Price Per SF
$659.56 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.61
Lot Size
0.09 AC
Zoning
CVR - Chinatown Visitor Retail
Frontage
38’ on Washington St
PROPERTY TAXES
| Parcel Number | 0194-009 | Improvements Assessment | $2,529,594 CAD |
| Land Assessment | $3,441,628 CAD | Total Assessment | $5,971,483 CAD |
PROPERTY TAXES
Parcel Number
0194-009
Land Assessment
$3,441,628 CAD
Improvements Assessment
$2,529,594 CAD
Total Assessment
$5,971,483 CAD
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