1538-1544 Polk St, San Francisco, CA, 94109

USD 4,500,000
For Sale

Property Details

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 0 • Bathrooms: 0 • Square Feet: 14160 • Lot/Size: 4,721 sqft lot

Description: 1538-1544 Polk Street is a mixed-use (hotel + retail) property in the Nob Hill/Polk Gulch neighborhood of San Francisco. The three-story property features three (3) retail units on the ground floor and a 40-unit SRO/hotel above that is master leased to an operator, Shirley Hotels. Of the 40 rooms, 21 are SRO units, 7 are SRO with partial baths, 9 are tourist/transient and 3 are for manager use. The SRO units without bathrooms share 3 common area bathrooms. Two of three retail units are occupied by a tuxedo retailer and a foot massage service. The 40 room hotel is currently month-month. A savvy investor may renegotiate the lease or operate the hotel to significantly increase cash flow. The p

Location

Address

1538-1544 Polk St, San Francisco, CA, 94109

City

San Francisco

Features and Finishes

Year Built: 1907; [object Object]; [object Object]; [object Object]

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