About 3230 Scott
Wonderful investment opportunity to acquire the fee simple interest in a two-unit mixed-use commercial property in San Francisco, West of Van Ness Submarket. Nestled in the heart of San Francisco’s coveted Marina District, 3230-3232 Scott Street presents a rare mixed-use investment opportunity in one of the city's most affluent and high-demand neighborhoods. This two-unit storefront retail and residential property offers a strong tenant base, stable cash flow, and annual rent escalations, making it an attractive addition to any portfolio. • Highly Desirable Location: Situated in the Marina District, one of San Francisco’s most vibrant and walkable neighborhoods, known for its high-end retail, waterfront views, and strong residential demand. • Mixed-Use Composition: Two-unit property with ground-floor retail and residential/commercial office space above, catering to both commercial and residential tenants. • Stable Tenancy & Income: Fully leased with annual rental income of $156,600, plus built-in rent escalations. • Favorable Lease Terms: Leases extending into 2028 and 2026, providing long-term income stability. • Investment Potential: With an estimated NOI of $108,279, this asset offers a 4.42% cap rate with strong appreciation potential in a prime retail and residential corridor. • See OM in Supplements for more info
Features of 3230 Scott
| MLS® # | WS26104871 |
|---|---|
| Price | $2,450,000 |
| Bathrooms | 0.00 |
| Acres | 0.06 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 3230 Scott |
|---|---|
| City | San Francisco |
| County | San Francisco |
| Zip Code | 94123 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Near Public Transit, Rectangular Lot |
|---|
Additional Information
| Date Listed | January 12th, 2025 |
|---|---|
| Days on Market | 124 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Austin Ng |
|---|---|
| Office | KW Executive |