FOR SALE | PRIME NORTH BEACH PROPERTY

1234 Grant Avenue

San Francisco, CA 94133

$7,950,000
Asking Price
6.25%
Cap Rate
8,600 SF
Building Size
NNN
Lease Structure
Scroll to learn more

A Rare North Beach Investment Opportunity

Touchstone Commercial Partners is pleased to offer investors an opportunity to purchase the fee simple interest in 1234 Grant Avenue, San Francisco, CA 94133.

The approximately 8,600 square feet, three-story building with a lower level sits on approximately 2,300 square feet of land. Located in the heart of North Beach, this is a unique and rare opportunity to purchase a building in one of San Francisco's most desirable neighborhoods.

This property will be delivered fully occupied by two tenants on a triple net basis, making this a perfect opportunity for an investor looking for stable cash flow.

In the last year, the property has been extensively renovated with significant capital investment, including a full electrical upgrade, complete exterior repainting and refinishing, three new bathrooms, new wide-plank European white oak flooring, a fully renovated kitchen with marble countertops and stainless steel appliances, new recessed lighting, and new decking at the sun deck.

Property overview

Property Details

Address
1234 Grant Avenue
San Francisco, CA 94133
APN
0145/044
Building Size
3rd Floor: +/- 2,000 SF
2nd Floor: +/- 2,300 SF
Ground Floor: +/- 2,300 SF
Lower Level: +/- 2,000 SF
Total: +/- 8,600 SF
Parcel Size
+/- 2,300 Square Feet
Zoning
NCD — North Beach Neighborhood Commercial
Stories
3 (Plus Usable Basement)

Why 1234 Grant Avenue

📍

Prime Location

Historic North Beach neighborhood location — one of San Francisco's most desirable and iconic districts.

🏛️

Corner Lot

Trophy hard corner real estate on a heavily trafficked street, maximizing visibility and foot traffic.

📝

Dedicated Tenants

Ground floor tenant (The Showdown) recently signed a new 10-year lease, demonstrating strong commitment to the site.

📈

Value-Add Potential

Stable cash flow with 8 years of WALT remaining and embedded upside as leases roll to market.

👥

Strong Demographics

579,823 residents with average household incomes of $108,675 within a 1-mile radius.

🔧

Extensively Renovated

Significant recent capital investment including electrical upgrade, new flooring, bathrooms, and kitchen renovation.

$7,950,000
Sale Price
6.25%
Cap Rate
$496,875
Annual NOI
$804.60
Price / SF
8,600 SF
Total Building
100%
Occupancy

Inside 1234 Grant Avenue

How to Submit an Offer

1234 Grant Avenue is being offered for sale with an asking price of $7,950,000. All prospective buyers should assume the subject property will be delivered on an "As-Is, Where-Is" basis at the Close of Escrow.

Prospective buyers will have the opportunity to tour the subject property and begin initial due diligence immediately. All prospective buyers are encouraged to make an offer at any time. All offers are to be delivered to Touchstone Commercial Partners, Inc.

Contact the Listing Team
Building exterior