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50-29th Street Commercial Condo

50-29th Street is a very bright and light filled commercial condominium on two levels.  While officially in Bernal Heights, it is very near the borders of Noe Valley and Glen Park.  It is located on a commercial block within 150 ft of Mission Street.
Tax records list it as 2201 Sq Ft.  The level at street level is approximately 1000 sq ft with the handicap rest room.  The lower level is much larger and approximately 1200 sq ft.  The north facing windows are almost full height of the two floors and flood light into both levels.  The upper flooring is Bamboo while the lower concrete floor has been treated and polished so it usable as finished space.  The lower level is owner occupied while the upper level has month to month tenants in the work stations paying
$3800 per month for the upper seven work stations.  The work stations, both  seven above and the six below are negotiable if the buyer would like to purchase them.

 

The purchase price is $1,195,000.

Financing can be arranged with a Small Business Administration lender.  For an established business, they usually require only 10% down if the borrower is  intending to use at least 51% of the space  for their own business.

Location


Contact

Jim Laufenberg

CRS, GRI, SRES
Broker Associate
Coldwell Banker Commercial
2355 Market St
San Francisco, CA 94114

415-269-4997
Jim@sf-realty.com