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Multifamily

597-599 Castro St

597-599 Castro St, San Francisco, CA 94114

Listing Price: $2,450,000

Cap Rate
4.56%
Number of Units
5
GRM
11.04
Occupancy
95.0%
Price/Unit
$490,000
Price/Gross SF
$560.00
Gross SF
4,375

Investment Overview

Marcus & Millichap is pleased to present 597 Castro, a unique mixed-use property conveniently situated in the retail corridor of the historic Castro district. This five-unit gem features a popular Thai restaurant on the ground floor and a stylish barber shop with a separate office space on the top floor.

At the rear, you’ll find a well-appointed two-bedroom apartment and a cozy studio. The 2-bedroom unit has been more recently renovated with modern finishes and the studio has high ceilings with lots of natural light. The barbershop is expansive with original wainscoting & moldings promoting the space’s original historic ambiance. The Thai restaurant has been at this location since the early 2000’s and has done substantial amount of tenant improvements that makes it a neighborhood favorite.

Investment Highlights

  • Mixed use with multiple commercial spaces
  • Highly desirable & historic retail / commercial corridor
  • Long term reliable commercial tenants with community recognition

Exclusively Listed By

Multifamily

597-599 Castro St

Listing Price: $2,450,000

Cap Rate
4.56%
Number of Units
5
GRM
11.04
Occupancy
95.0%
Price/Unit
$490,000
Price/Gross SF
$560.00
Gross SF
4,375

Investment Highlights

  • Mixed use with multiple commercial spaces
  • Highly desirable & historic retail / commercial corridor
  • Long term reliable commercial tenants with community recognition

Investment Overview

Marcus & Millichap is pleased to present 597 Castro, a unique mixed-use property conveniently situated in the retail corridor of the historic Castro district. This five-unit gem features a popular Thai restaurant on the ground floor and a stylish barber shop with a separate office space on the top floor. At the rear, you’ll find a well-appointed two-bedroom apartment and a cozy studio. The 2-bedroom unit has been more recently renovated with modern finishes and the studio has high ceilings with lots of natural light. The barbershop is expansive with original wainscoting & moldings promoting the space’s original historic ambiance. The Thai restaurant has been at this location since the early 2000’s and has done substantial amount of tenant improvements that makes it a neighborhood favorite.

Exclusively Listed By

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