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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Adam D Filly Compass Commercial

$3,500,000

Est. payment - /mo

1 Bed

7,975 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,975 sqft

Price per Sqft $438

MLS Listing ID 426151936

Bedrooms 1

HOA Y/N No

Year Built 1907

Lot Size 1,738 Sqft

Acres 0.0399

Property Sub-Type Mixed Use

Property Description

106 Albion is a mixed-use residential hotel property in the heart of the Mission District. The property consists of 20 SRO units, a commercial space occupied by a wine bar, and an additional one bedroom/one bath unit. Eighteen of the SRO units are master leased to a nonprofit organization, providing a stable income stream. Either party may terminate the agreement with 60 days notice, offering flexibility for a new owner. The commercial space, occupied by The Big Finish wine bar, is leased through 2034. The space has been recently renovated and has a strong history of successful tenants. In addition to the ground floor, it includes a full basement that is used for cold storage, operations, and office space. Located at the corner of 16th and Albion Streets, the property offers one of the Mission District's best locations, with easy access to the neighborhood's restaurants, shopping, and public transportation. This is an excellent opportunity to acquire a fully occupied mixed-use asset that offers stable current income, while also providing the flexibility for a future owner to operate the residential hotel and realize significant upside potential.

Location

State CA

County San Francisco

Area Sf District 5

Interior

Fireplace No

Building

Lot Description Corner Lot

New Construction No

Others

Tax ID 3568064

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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106 Albion ST San Francisco, CA 94110

Sean Beattie Jr.

Key Details

Location

Interior

Building

Others

Nearby School & Business

Get More Information