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Mixed Use Trophy Property

3650 Sacramento St., Presidio Heights, San Francisco,
CA, 94118
For Sale
Mixed Use

Description

3650 Sacramento Street is a fantastic mixed-use retail and multi-family building inan excellent Presidio Heights location. The building was constructed in 1908 and maintains its classic interior architecture. It boasts four large beautiful residential apartments and three large commercial units. The apartments consist of two four bedroom units and two three bedroom units. The tastefully remodeled units are extremely large and have ample sized living rooms, kitchens, bedrooms and closets. They show very well with their high ceilings, hardwood floors, excellent views and good natural light. There are redwood decks off of the bright kitchens. Each residential unit has a decorative fireplace and three of the units include a washer and a dryer. One residential unit is currently utilized as a corporate rental, leased through 2019. The three commercial spaces also have high ceilings and are occupied by excellent tenants, namely Mighty Pilates, Skurman Architects and Hilliard Design.The property is separately metered for PG& E and tenants pay for electricity and heat. All of the apartments have individual water heaters. The main roof was replaced in 2016. The building is one of the largest properties in the Sacramento Street Neighborhood Commercial District.

The property is in a prime location for retail shops and apartment homes. This attractive building is located in the highly desirable Presidio Heights, which has an abundance of shops, restaurants and other services on Sacramento Street and in the nearby Laurel District Shopping Center. It is adjacent to the highly acclaimed and popular restaurant, Spruce. It is close to California Street, Clement Street and Geary Boulevard, which also have many retail shops, restaurants and bars. The property is conveniently located near other area attractions such as the Presidio, Golden Gate Park, Baker Beach and the Marina. There are several pending residential/commercial projects within a short walking distance, totaling over 800 units, including two huge projects on the UCSF/Fireman’s Fund site at the corner of California and Presidio Streets and the CPMC site at 3700 California Street, which goes through the block to Sacramento Street, as well as 18 units directly across Sacramento Street. These development projects will tremendously invigorate this section of Sacramento Street, which is already an extremely popular and high end commercial district. Public transportation stops via Muni are nearby, giving convenient access to the Financial District, Downtown and the rest of the City. The Golden Gate Bridge is within a short driving distance allowing easy access to Marin County and the Wine Country. Park Presidio is easily accessed leading to 19th Avenue and Interstate 280 south to the Peninsula, Half Moon Bay and San Jose.