500 Haight Street San Francisco, CA 94117

Located at the iconic corner of Haight and Fillmore Streets, 500-530 Haight Street is a rare mixed-use offering. The property consists of 11 large flats and 5 highly desirable retail spaces. The building is fully occupied and has a long history of successful retail tenants. Four of the retail are ap...proximately 1,850 sqft each and the fifth is about 2,400 sqft. These south-facing spaces have 14' ceilings, great light, and are mostly clear span. The residential flats are mostly 5bd and 6bd units that feature high-ceilings, large rooms, built-in cabinetry, and lots of upside. The property is 29,410 square feet, which does not include the additional 9,800 sq.ft. of basement space. The property has had an extensive soft-story retrofit completed, as well as other improvements including new drainage and sewer lateral. Offered at a 6.4% Cap Rate on in-place income and over 50% upside in residential rents, this is a unique asset and buying opportunity in a vibrant Lower Haight location. Continue reading