Fully occupied 6.25% cap rate NNN-leased building in the heart of North Beach. 1234 Grant Avenue consists of an approximately 8,600 square foot three-story building situated on approximately 2,300 square feet of land. Located in the heart of North Beach, this is a unique and rare opportunity to purchase a building in one of San Francisco's most desirable neighborhoods. The property will be delivered fully occupied by two tenants on long term triple net (NNN) leases, making this a perfect opportunity for an investor seeking stable and predictable cash flow with minimal management responsibilities. In the last year, the property has been extensively renovated with significant capital investment, including a full electrical upgrade, complete exterior repainting and refinishing, new wide-plank European white oak flooring, a fully renovated kitchen with marble countertops and stainless steel appliances, new recessed lighting and fixtures throughout, fresh interior paint, decking at the sun deck, and thoughtful interior reconfiguration.
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Listing Snapshot
Price
$7,950,000
Days On Site
1 Day
Bedrooms
2
Inside Area (SqFt)
8,600 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0528 Acres
Year Built
1906
MLS® Number
426108711
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
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Recent Activity
20 hours ago
Listing updated with changes from the MLS®
yesterday
Listing first seen on site
General Features
Acres
0.0528
Cross Street
Vallejo
Property Condition
Updated/Remodeled
Property Sub Type
Mixed Use
Special Circumstances
Standard
SqFt Total
8600
Interior Features
Furnished
Furnished
Furnished?
All Units
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Community Features
MLS Area
SF District 8
Listing courtesy of Robert Mann of Touchstone Commercial Partners Inc. | Agent Phone: (415) 989-1200
Listing information is provided by Participants of the San Francisco Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, San Francisco Association of Realtors MLS.
Last checked: 2026-03-05 10:37 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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