Rare Development Opportunity for A Mixed-use 70,950sqf Rroperty with Condominiums and Retails.
The property occupies approximately 0.4 acres and consists of four buildings, a small parking area, and a rectangular grassy area south of the building located at 1625-1627 Ocean Avenue. The buildings are single- story except for the two-story building located at 1601 Ocean Avenue/1271-1275 Capitol Avenue. The single- story buildings are used for commercial/retail purposes. The two-story building is currently vacant and consists of offices at 1271 Capitol Avenue located above retail space at 1601 Ocean Avenue.
The Site is bounded by Ocean Avenue to the north, Capitol Avenue to the east, residential facilities to the south, and commercial facilities to the west. The properties surrounding the Site include residential, mixed-use, and commercial purposes.
The owner has obtained initial architectural plan and Phase 1 environmental studies.
The property occupies approximately 0.4 acres and consists of four buildings, a small parking area, and a rectangular grassy area south of the building located at 1625-1627 Ocean Avenue. The buildings are single- story except for the two-story building located at 1601 Ocean Avenue/1271-1275 Capitol Avenue. The single- story buildings are used for commercial/retail purposes. The two-story building is currently vacant and consists of offices at 1271 Capitol Avenue located above retail space at 1601 Ocean Avenue.
The Site is bounded by Ocean Avenue to the north, Capitol Avenue to the east, residential facilities to the south, and commercial facilities to the west. The properties surrounding the Site include residential, mixed-use, and commercial purposes.
The owner has obtained initial architectural plan and Phase 1 environmental studies.
Property Details
Price:
$6,990,000
MLS #:
OC24036903
Status:
Active
Baths:
0
Address:
1601 Ocean
Type:
Commercial
Subtype:
Mixed Use
City:
San Francisco
Listed Date:
Feb 22, 2024
State:
CA
ZIP:
94112
Schools
Interior
Exterior
Stories Total
2
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Public
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Courtesy of Great Park Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1601 Ocean
San Francisco, CA
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