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Listed by Catherine E House Catherine House, Broker
$7,988,000
Est. payment /mo
11,113 SqFt
Active
343 West Portal San Francisco, CA 94127
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UPDATED:
09/04/2024 12:20 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 11,113 sqft
Price per Sqft $718
MLS Listing ID 424062116
HOA Y/N No
Year Built 1966
Lot Size 4,856 Sqft
Acres 0.1115
Property Description
This is an outstanding opportunity to purchase an attractive, multi-tenanted medical office building in the affluent West Portal neighborhood in San Francisco. West Portal serves as the principal shopping district in southwestern San Francisco. This is a well maintained, pride of ownership building. It is a light-filled, multi-tenanted, medical and office building in excellent condition. It has a 4.67% in-place cap. rate and increasing to 7.18% proforma cap. rate when stabilized (4th floor leased). Currently 77.65% occupied with 4th floor vacant. 17 surface parking spaces at the rear of the building. Elevator served. Great transportation links to San Francisco & Peninsula, muni stops nearby. This is the largest, most prominent medical office building in the West Portal area.
Location
State CA
County San Francisco
Area Sf District 4
Interior
Fireplace No
Exterior
Total Parking Spaces 17
Building
Story 4
New Construction No
Others
Tax ID 3012018