Nuevo

Premier Divisadero Investment With Enduring Stability

3.500.000 US$
  • ~667 m² Superficie total
  • ~667 m² Superficie habitable

Descripción

1939 Divisadero Street presents a rare opportunity to acquire a turnkey, income-producing office investment in one of San Francisco's most established and centrally located neighborhoods. Originally constructed as an apartment building and thoughtfully converted into professional office suites, the property consists of 24 individual office spaces and one ground-floor retail suite. The tenant roster is comprised primarily of therapists and counseling professionals, a highly desirable tenant base known for long-term occupancy, low turnover, and consistent demand. For investors seeking the stability typically associated with multifamily ownership, 1939 Divisadero offers many of the same benefitsnumerous small tenants, diversified income streams, and resilient occupancywithout the constraints of residential rent control. The result is a property that combines the predictability of apartment-style cash flow with the flexibility and income growth potential of commercial real estate. The building has been meticulously maintained and professionally managed, reflecting pride of ownership throughout. Current management may be available to remain in place, providing a seamless transition for a new owner. With only three office vacancies, the property generates a legitimate in-place 6.5% capitalization rate while still offering future upside through rental growth. The flexible lease structure provides optionality for both investors and owner-users, allowing a future owner the opportunity to occupy space while maintaining substantial income from the existing tenant base. This combination of immediate cash flow, occupancy flexibility, and long-term appreciation potential is increasingly difficult to find in today's investment market. Architecturally, the property retains the timeless character and charm of its residential origins while offering modern functionality for professional users. In turnkey condition and strategically positioned along the Divisadero corridor, 1939 Divisadero is a compelling investment opportunity that delivers strong current returns, operational stability, and future value creation potential.
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Engel & Völkers

Tu asesor: Michael B Johnston

ID de la propiedad: AM-5525217

Detalles de la propiedad
  • Tipo de propiedad

    Oficina

  • Superficie total

    ~667 m²

  • Superficie habitable

    ~667 m²

Solicita todos los detalles sobre la propiedad

Más información sobre este inmueble

Estoy de acuerdo con el tratamiento de mis datos con el fin de buscar propiedades y ser contactado por SFRE Bay Area. Si facilito mi número de teléfono, también doy mi consentimiento para que se pongan en contacto conmigo por teléfono. Mis datos podrán ser transmitidos a un socio de licencia local adecuado del grupo Engel & Völkers con el fin de establecer contacto.

Puede conocer en detalle qué datos almacena SFRE Bay Area, qué derechos tiene en este contexto y cómo revocar su consentimiento para el futuro en cualquier momento en la política de privacidad.

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  • Ponte en contacto con un consultor.

  • Confidencial: sus datos permanecen en poder de E&V.

Tu tienda

Engel & Völkers

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Proveedor:

SFRE Bay Area

Política de privacidad del proveedor

Titular de licencia de Engel & Völkers Americas, Inc.

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