1609 Palou Avenue, San Francisco

San Francisco Home For Sale

1609-1611 Palou Avenue is a retail duplex in the Bayview District of San Francisco. The property consists of two retail units, currently occupied by a cafe (vac) and a barber shop. Ownership has recently renovated the entrance to comply with ADA requirements. The subject property is situated in District 10, a rapidly developing area that encompasses Bayview/Hunters Point. At present, there are 8,904 residential units in various stages of planning or construction in this district. Notably, phase one of the Hunters Point Shipyard development has already completed 505 out of its 1,428 units, while phase two has finished 337 units. The Bayview Hunters Point Area Plan, which was adopted by the planning department in 2012, aims to construct more than 10,000 new homes within the next two decades. Moreover, the neighborhood boasts an excitingly diverse blend of artistic, cultural, and historical features, positioning it as the next Mission District. Additionally, the property is conveniently located just a few seconds away from 3rd Avenue, the district's sole retail corridor. The investment appeal of the property is its growing/evolving location.