215 Church Street

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Address: 215 Church St, San Francisco, CA 94114, USA

California & West + 2-4 Units

Created date: July 12, 2024

Date last updated: September 12, 2024

Rare Five Unit Property in Prime NOPA
Three 1Br/1Ba, One 2Br/1Ba, One 3Br/2Ba
Four Units Occupied with Solid In Place Income, Plus Upside Potential
Spacious Units with Lots of Sunlight
One Set Laundry, Separately Metered PG&E, Huge Storage Area
Ideal Central Location in Highly Desirable Neighborhood

Property Description

Ideally situated just off Market Street, 215 Church Street offers an investor or owner/user an excellent opportunity to purchase a turnkey asset with a trendy restaurant on the ground floor and two vacant, remodeled 4Br/1.5Ba flats above. The Rustic opened in 2023, after investing significant capital in the ground floor space. The business owner is an industry veteran and alum of Chez Panisse in Berkeley, CA. A chic dining room and inviting patio area are served by a full kitchen and bar. The restaurant has storage in the back of the property, in addition to a large basement area. The current lease runs through 2032. The two flats have updated kitchens and bathrooms along with wall-to-wall carpet and newer interior paint. They are spacious units that receive great sunlight and have intelligent layouts. The property is well maintained, and the units are move in ready. It offers significant cash flow as an investment, or the opportunity for a buyer to move in and enjoy the benefit of having additional income. Located in San Francisco's vibrant Mission Dolores neighborhood, 215 Church St offers a prime urban setting. The area is known for its blend of historic charm and modern amenities, featuring diverse dining options, boutique shops, and cultural attractions. With convenient access to public transportation, including Muni lines and nearby BART stations, this location ensures easy connectivity to the rest of the city. The neighborhood's walkability, bike-friendly streets, and proximity to parks and nightlife make it an ideal spot for both living and business. This is a probate sale, subject to court confirmation. Offer date 7/31/24. Please call for details.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$2,300,000
No. of Units:	3
Year Built:	1905
Lot Size:	0.07 Sq ft
Opportunity Zone:	No
Price per unit:	$766,667
Property Website	Click Here