Skip to main content

Mixed-Use

740-742 Washington St

740-742 Washington St, San Francisco, CA 94108

Listing Price: $4,880,000

Cap Rate
2.38%
Rentable SF
10,229
Lot Size
0.09 acres
Year Built
1907

Investment Overview

740-742 Washington Street is a distinguished three-story commercial building nestled in the historic Chinatown of San Francisco. The Property is a prime location directly facing Portsmouth Square, which is currently undergoing a $66 million enhancement project. Conveniently, the property is within walking distance of both the Financial District and Union Square, with accessible public transit options.

Per tax records, the property spans 10,229 square feet, resting on a 3,764-square-foot lot. It features a ground-floor commercial unit with a spacious basement. Additionally, the upper two floors, already city-approved for conversion, offer the potential for two expansive residential units. Identified by APN 0194-009, the property falls under CVR zoning, designated for Chinatown Visitor Retail.

This property stands as an exceptional investment opportunity, ripe with redevelopment potential, appealing to imaginative investors seeking a foothold in San Francisco’s dynamic market.

Investment Highlights

  • Excellent Location in Chinatown
  • Building Size: 10,229 Sq.Ft. (TAX)
  • Lot Size: 3,764 Sq.Ft. (TAX)
  • One Commercial Unit with Basement
  • Upper 2 Floors Approved for Residential Conversion

Exclusively Listed By

Mixed-Use

740-742 Washington St

Listing Price: $4,880,000

Cap Rate
2.38%
Rentable SF
10,229
Lot Size
0.09 acres
Year Built
1907

Investment Highlights

  • Excellent Location in Chinatown
  • Building Size: 10,229 Sq.Ft. (TAX)
  • Lot Size: 3,764 Sq.Ft. (TAX)
  • One Commercial Unit with Basement
  • Upper 2 Floors Approved for Residential Conversion

Investment Overview

740-742 Washington Street is a distinguished three-story commercial building nestled in the historic Chinatown of San Francisco. The Property is a prime location directly facing Portsmouth Square, which is currently undergoing a $66 million enhancement project. Conveniently, the property is within walking distance of both the Financial District and Union Square, with accessible public transit options. Per tax records, the property spans 10,229 square feet, resting on a 3,764-square-foot lot. It features a ground-floor commercial unit with a spacious basement. Additionally, the upper two floors, already city-approved for conversion, offer the potential for two expansive residential units. Identified by APN 0194-009, the property falls under CVR zoning, designated for Chinatown Visitor Retail. This property stands as an exceptional investment opportunity, ripe with redevelopment potential, appealing to imaginative investors seeking a foothold in San Francisco’s dynamic market.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower