766 Valencia St
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766 Valencia St
9,501 SF 100% Leased Office Building San Francisco, CA 94110 For Sale
Investment Highlights
- Great opportunity.
Executive Summary
The Valencia Street Corridor is one of the main arteries in San Francisco’s iconic Mission District and one of the 4 major hotspots for eating, drinking and shopping. Located between 18th and 19th Streets, this block is debatably the most vibrant and electric strip in the entire Mission and rivals any neighborhood in the city for its eclectic mix of funky shops, to purchase anything from books to herbs and to clothing from all over the world. The mix of restaurants and bars in this little stretch of Valencia is unmatched and draws crowds from all over the bay area every day. During the weekends, the area is blocked off to serve the surging pedestrian traffic. The sights and sounds create an atmosphere where families, singles and people of all ages have fun and enjoy themselves in a safe and friendly area. You will find many mom-and-pop shops, to niche retailers, trendy funky stores and all points in-between.The property has been well cared for since it was built in 1914 and its historical façade and unique character shines through which is further evident the moment you step into the front door. Attention to detail and the finest materials have been incorporated into the structure over the years and has continued to this day. We do not think you will find any capital improvements, structural or mechanical, necessary to be completed in the near term, the building is sound (to be independently confirmed via building inspector and/or appraisal). There are two entrances, one to the main ground floor retail unit and the other that will lead you to the stairwell to the back of the building accessible by a ramp to the second floor. Both the second and third floors are fully occupied by office tenants.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,501 SF
Building Class
B
Year Built
1914
NOI
$104,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,166 SF
Building FAR
1.98
Lot Size
0.11 AC
Zoning
VALEN - NCT - Valencia
Amenities
- Bus Line
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (94)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
Parcel Number | 3588-009 | Improvements Assessment | $473,216 |
Land Assessment | $495,190 | Total Assessment | $968,406 |
PROPERTY TAXES
Parcel Number
3588-009
Land Assessment
$495,190
Improvements Assessment
$473,216
Total Assessment
$968,406
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766 Valencia St
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