201-205 9th St

05-03-2022
05-09-2022

201 9th St, San Francisco, CA 94103

  • Major Seismic Retrofit and Rebuild of the Commercial Space
  • All Residential Units and Common Areas Recently Renovated
  • Rare Opportunity To Purchase a Property With an Longstanding Anchor Tenant
  • 100% Occupied
  • Upside in Rental Rates Due To Improved Market
  • Centrally Located in South of Market, Surrounded by High Density Residential Development

Property Description

Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase the fee simple interest in 201 9th Street. The subject property is located on the southeast corner of 9th Street and Howard Street in the South of Market. SOMA is one of San Francisco’s fastest growing high density residential neighborhoods intermixed with industrial and office buildings and a high density of startups and tech companies.
This three story building consists of thirty-two (32) SRO units, and one (1) ground floor with lower level restaurant / bar lounge. The ground floor and basement is occupied by Asia SF, a longstanding restaurant, cabaret and nightclub concept. For over 24 years, Asia SF has celebrated diversity and multiculturalism in the South of Market neighborhood.

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
Price
$ 6,400,000
No. of Units
32
Cap Rate
5.05%
GRM / GIM
12.47
Year Built
1907
Building Size
11,180 Sq ft
Lot Size
2,800 Sq ft
No. of Stories
3
APN
3729/082
Opportunity Zone
Off
Price per unit
$ 200,000
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37.775005, -122.412828

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