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Listed by Dominic Morbidelli Maven Commercial, Inc.
$ 3,595,000
Est. payment | /mo
5,200 SqFt
$ 3,595,000
Est. payment | /mo
5,200 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $691
MLS Listing ID 425077835
HOA Y/N No
Year Built 1941
Lot Size 4,996 Sqft
Acres 0.1147
Property Sub-Type Retail
Property Description
231-239 West Portal Avenue presents a rare opportunity to acquire a fully leased commercial asset in one of San Francisco's most established neighborhood corridors. The 5,200 SF two-story property features three ground-floor retail suites plus an upper-level retail/office space with abundant natural light and 50 feet of prime street frontage. Currently 100% occupied with leases extending through 2035, the asset provides stable long-term cash flow with minimal rollover risk. In-place income totals $261,036 annually, reflecting a strong 7.17% cap rate. The tenant mix includes Mighty Pilates, which occupies both the ground floor and second level; Kumon Math & Reading Center, a global educational operator; and TuTu School, a boutique ballet school franchise. Tenants benefit from long-term leases with annual rent escalations and expense reimbursements, further supporting consistent net operating income. Positioned adjacent to the West Portal Muni Metro Station, the property sits in a high-barrier-to-entry market with strong demographics, daily foot traffic, and loyal neighborhood patrons. This combination of credit tenancy, durable income, and irreplaceable location makes 231-239 West Portal Avenue an attractive investment for buyers seeking secure yield on San Francisco's west side.
Location
State CA
County San Francisco
Area Sf District 4
Interior
Fireplace No
Building
Lot Description See Remarks
Story 2
New Construction No
Others
Tax ID 2989B022
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