570 Ofarrell Street, San Francisco
San Francisco Home For Sale
The Sweden House Hotel is an exceptional mixed-use property, comprising 39 units in total. It features 38 single room occupancy (SRO) units alongside a single retail commercial unit. Consisting of 11,985 square feet of structure size, per tax records, 570 O'Farrell Street will be delivered 30% occupied with 27 of the residential units delivered vacant. There are 5 tourist licenses that allow for unrestricted short term / nightly rentals. The commercial unit is leased to Cantoo, a Latin Asian Rotisserie, on a 5 year lease with one year option to renew. The property is located in the Tenderloin District of San Francisco nearby the teeming commercial hub of Union Square. Many major hotels and department stores are packed into the area, as well as restaurant, nightspots and galleries. This is a fantastic opportunity for an investor to acquire a value-add investment property in the heart of San Francisco.
Property Details
Essential Information
-
- MLS® #:
- 423759865
-
- Price:
- $4,950,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 11,985
-
- Acres:
- 0.11
-
- Year Built:
- 1907
-
- Type:
- Residential Income
-
- Sub-Type:
- Mixed Use
-
- Status:
- Active
Community Information
-
- Address:
- 570 Ofarrell Street
-
- Area:
- SF District 8
-
- Subdivision:
- Downtown
-
- City:
- San Francisco
-
- County:
- San Francisco
-
- State:
- CA
-
- Zip Code:
- 94102
Exterior
-
- Lot Description:
- Shape Regular
Additional Information
-
- Date Listed:
- July 31st, 2023
-
- Zoning:
- Residential-Commercial, High-Density
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