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Investment Highlights

  • Heavy foot traffic
  • Bustling Excelsior Corridor
  • First floor - tenant occupied
  • Steps to public transit, shops, and restaurants
  • Zoned NCD-Excelsior
  • Second floor - vacant

Executive Summary

4696 Mission Street / 8 Persia Avenue presents a rare owner-user and value-add investment opportunity in the heart of San Francisco's highly active Excelsior District. Historically known as Zhong Luo's Dragon House, the property is strategically positioned on the corner of Mission Street and Persia Avenue. This prominent two-story commercial building delivers immediate cash flow through a stabilized ground-floor tenant lease through 2028, while the vacant second floor offers significant upside through owner-user occupancy or lease-up at market rate. The upper floor accommodates a broad range of uses including fitness, faith-based, educational, creative office, cultural, and community-serving operators. Ideal for any occupant seeking long-term location control on a high-visibility arterial. A compelling opportunity for the income-focused investor or owner-user looking to establish a permanent foothold in a proven San Francisco neighborhood market. AS-IS sale.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,110 SF
Building Class
B
Year Built
1953
Price
$2,930,802 CAD
Price Per SF
$412.21 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,555 SF
Building FAR
1.73
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
NCD

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • CAN Beauty Supplies
  • Retailer
  • -
  • -
  • Single Net
  • Feb 2028
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
CAN Beauty Supplies Retailer - - Single Net Feb 2028
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
6955-043
Land Assessment
$1,648,488 CAD
Improvements Assessment
$1,098,986 CAD
Total Assessment
$2,747,474 CAD
  • Listing ID: 40622694

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 8 Persia Ave, San Francisco, CA 94112

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