Description
Conventional Financing at 95% LTV! Potential use: Daycare, Assisted Living, Retail, Cannabis Retail, Massage Establishment, Restaurant, Health Care Services, and more. 3156 24th St is a reimagined historic gem, in a prime location just a 3-minute walk away from 24th St Mission BART. It is a coveted opportunity for an Owner/User or an investor to purchase a soft-story retrofitted asset with significant value-add rent upsides of 47%. The excellent unit mix includes (1) 2bed/1bath, (2) 1bed/1bath, (4) studios and (1) retail space. The Mission District has become a hub for attracting exceptional companies, such as "Open AI", and the 2023 average household income within 0.5 mile is $172,447. With the estimated visitor spending of $8.7 Billion in 2023, having a retail business or a strategically positioned real estate asset in the Mission District can lead to significant long-term growth opportunities for an Owner/Investor to capitalize!
School Ratings & Info
Description
Conventional Financing at 95% LTV! Potential use: Daycare, Assisted Living, Retail, Cannabis Retail, Massage Establishment, Restaurant, Health Care Services, and more. 3156 24th St is a reimagined historic gem, in a prime location just a 3-minute walk away from 24th St Mission BART. It is a coveted opportunity for an Owner/User or an investor to purchase a soft-story retrofitted asset with significant value-add rent upsides of 47%. The excellent unit mix includes (1) 2bed/1bath, (2) 1bed/1bath, (4) studios and (1) retail space. The Mission District has become a hub for attracting exceptional companies, such as "Open AI", and the 2023 average household income within 0.5 mile is $172,447. With the estimated visitor spending of $8.7 Billion in 2023, having a retail business or a strategically positioned real estate asset in the Mission District can lead to significant long-term growth opportunities for an Owner/Investor to capitalize!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T22:29:42.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.