Prime Nob Hill Mixed-Use Residential/Commercial Building situated at the corner of Pacific Ave and Jones St. Subject property is a 4,660 sf bldg. sitting on a 3,140 sf lot. It is comprised of two 3BD/2BA spacious residential flats on 2nd and 3rd floor with a total of 3,360 sf. The street level is a 1,000 sf retail store front. 1201 Pacific Ave is located in San Francisco's Nob Hill District, near Union Square, the Embarcadero and Fisherman's Wharf, walking distance to shops and restaurants on Columbus Ave, Chinatown and the Financial District. Built 1907, renovated 1998, zoning NC2. Residential units accessed by private entrance off of Jones Street and are well maintained. Bay Bridge and water views can be seen from front rooms. Tandem 2-car garage, public transportations are just steps away. Large 1,335 sf backyard offers potential for an ADU and other redevelopment opportunities. Please verify with City Planning Dept. for redevelopment issues. There is an AT&T cellular equipment lease on the property, with 6.5 years remaining at $2,843/month, with 3% annual increase. Recent roof replacement. Backyard stairways between 2nd and 3rd levels are closed for renovation. Perfect for Owner/User, Investment, 1031 Exchange and TIC. The entire building will be Delivered Vacant.
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Listing Agent: Stephen Chow
Listing Office: California Property Advisory Services