377 Bay Street, San Francisco, CA 94133

$1,995,000

Property Description

377 Bay Street is a single-story two-unit retail property in the North Waterfront/North Beach Districts of San Francisco. The property is fully leased. One of the tenants is a pizzeria, Goodfellas Pizzeria and Grill, while the other is a fitness gym, Fit Life Training Studio. Both units are on net leases. The property features high ceilings, ADA-compliant entrances and bathrooms, and a recently redone roof. The restaurant has a fully built-out kitchen. The gym has a bright skylight and a handicap-accessible shower. The property is prominently located on a busy part of Bay Street, across the street from Trader Joe's and Safeway. It is a few minutes' walk away from major tourist attractions such as Pier 39, Fisherman's Wharf, the Powell/Mason cable car turnaround, the James R. Herman Cruise Terminal, and Fort Mason. The North Waterfront, North Beach, and nearby Russian Hill is home to some of the city's most affluent residents. The investment appeal of this property is its excellent in-place income and its location near tourist attractions and upper-class residential neighborhoods.

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Listing courtesy of Compass Commercial.