215 Church Street
- • Fully leased mixed-use investment with strong current cash flow
- • New 10-year restaurant lease provides long-term income stability
- • Restaurant reimburses approximately $2,500/month in NNN expenses
- • Tenants pay utilities, reducing operating expenses and management burden
- • Two fully leased 4Bd/1.5Ba residential units with exceptional rents
- • Well-maintained, turnkey asset with recent exterior improvements
- • Low-maintenance ownership profile with minimal capital needs
- • Premier Mission Dolores location near Market Street and major transit corridors
Property Description
215-219 Church Street presents a rare opportunity to acquire a fully leased, mixed-use investment property in the heart of San Francisco's highly desirable Mission Dolores neighborhood. Consisting of a well-established ground-floor restaurant and two spacious residential flats above, the property offers stable cash flow, exceptional in-place rents, and minimal management responsibilities. The ground floor is occupied by The Rustic, a popular neighborhood restaurant that completed a substantial renovation of the space and recently executed a new 10-year lease, providing long-term income security for ownership. In addition to base rent, the restaurant reimburses approximately $2,500 per month in NNN expenses and pays directly for its utilities. The restaurant features an inviting dining room, full commercial kitchen, bar area, outdoor patio seating, rear storage, and access to a large basement storage area. The upper floors consist of two large 4-bedroom, 1.5-bath residential flats that are fully occupied at strong market rents. Both units feature updated kitchens and bathrooms, spacious floorplans, abundant natural light, and attractive finishes that continue to attract quality tenants. The property has been well maintained and requires little day-to-day oversight. Tenants pay their own utilities, reducing operating expenses and contributing to the property's strong cash flow profile. Recent improvements include a freshly painted front façade, further enhancing curb appeal and minimizing near-term capital requirements. For investors seeking a stabilized, low-maintenance asset in one of San Francisco's most vibrant neighborhoods, 215-219 Church Street offers an attractive combination of long-term income, quality tenancy, and pride of ownership.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $3,850,000 |
| No. of Units: | 3 |
| Year Built: | 1905 |
| Lot Size: | 0.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $1,283,333 |
| Property Website | Click Here |
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