Offered at $2,000,000
Property Description
The DN Group of Compass Commercial is pleased to present 501 Balboa Street, a two-unit commercial building in San Francisco’s Inner Richmond District. The approximately 2,375 SF property has one retail unit and one restaurant unit, located at the corner of 6th Avenue on Balboa Street’s neighborhood retail corridor.
The offering works for both owner-users and investors. An owner-user can occupy one unit and offset carrying costs with rent from the other. An investor gets a small-footprint, two-tenant asset in one of the city’s most established residential neighborhoods. The restaurant unit includes in-place kitchen infrastructure.
Balboa Street sits two blocks from Golden Gate Park and two blocks from Geary Boulevard, with Clement Street’s dining and retail a short walk north. The surrounding blocks are densely residential, which gives both units a built-in neighborhood customer base.
Investment Highlights
Location Highlights
Property Summary
Address: | |
Neighborhood: | Inner Richmond |
Asking Price: | $2,000,000 |
Building Size: | ±2,375 SF |
Price/SF: | $842 |
Units: | 2 (1 retail, 1 restaurant) |
| Status | Coming Soon |
|---|---|
| Neighborhood | Inner Richmond |
A Strong and Competitive Real Estate Market Inner Richmond continues to be one of San Francisco's most sought-after residential neighborhoods. The area's limited housing inventory, proximity to Golden Gate Park, excellent schools, and timeless architecture consistently attract strong buyer demand. Beautiful Edwardian, Marina-style, and single-family homes often receive multiple offers, particularly those that have been thoughtfully updated while preserving their original character. Recent market data shows homes continue to sell quickly with many transactions closing above asking price, reflecting the neighborhood's enduring desirability and long-term value. Beyond residential appeal, Inner Richmond's local business community has demonstrated remarkable resilience. The neighborhood's restaurants, cafés, specialty markets, and family-owned businesses continue to attract loyal patrons, contributing to a vibrant local economy and a welcoming atmosphere that distinguishes it from many other San Francisco neighborhoods.
Read moreJessie Lee Team has over 20 years of combined experience in the bay area helping clients for selling, buying, renting. We know about the SF market trends so we can provide accurate information to the buyers/sellers/landlords. Quick to respond, accurate information, getting into the contract within 1-3 months and selling it what the seller wants to achieve at. If you are buying or selling, please contact [email protected] to set up a zoom meeting or call/text at (415) 518-6402.
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