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1st Floor - Unit C
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Medical
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1,161 SF
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$795,000 USD
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Unit Size: 1,161 SF
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Condo Use: Medical
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Price: $795,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $684.75 USD
Description
Seller Carry Financing Available. 2 reserved parking spaces.
Sale Notes
Ground Floor Medical Condo For Sale
Colliers International as Exclusive Advisors to the Seller, are pleased to present the opportunity to acquire 1299 Bush Street, Suite C (“the Property”), an excellent investor or medical owner-user opportunity located in Nob Hill/Polk Gulch, both highly desirable San Francisco neighborhoods. The Property is a well-maintained commercial condominium on the ground level of a multi-unit condominium building, built in 2009. In addition to the ±1,161 square feet of commercial space, there are also two dedicated secure parking spaces and storage in the garage below at an estimated $150,000 not included in the sales price. The property is currently occupied by 3D Bike Fit but will be delivered vacant upon close of escrow.
The Property is a unique opportunity for an owner-user or investor for medical or retail uses seeking a long-term investment in a centrally located San Francisco neighborhood easily accessed from Marin County or the East Bay. The commercial condominium sits on the high traffic corner of Bush Street and Larkin Street and is in very close proximity to CPMC and Dignity Health Saint Francis Memorial Hospital making it an ideal location for many ground floor retail uses. There is convenient access to public transportation and surrounding neighborhoods include Nob Hill to the North, Civic Center to the South, Downtown San Francisco to the East, Pacific Heights and the Van Ness corridor to the West.
San Francisco has passed a bill that would allow ground floor retail spaces in certain zoned area to be used for ground floor medical space. This is big as SF has very strict and sporadic zoning laws. Please let me know if you have any questions.
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Kevin Klink
Colliers
