950 noe - loopnet...appelbaum derose & commercial real estate services 2 units for sale 950 noe...

Appelbaum DeRose &

Commercial Real Estate Services

2 U N I TS

F O R S A L E

95

0 NOESAN F RAN C I S CO

S T R E E T

HALEY KLEINoffice (415) 781-7700 cell: (925) 408-6415

[email protected]# 01907308

SANTINO DEROSEoffice (415) 781-7700cell: (415) 336-0151


KAREN LIMoffice (415) 781-7700cell: (650) 796-5784


$ 1 , 575,0 0 0

Neither the Seller of the Property nor DeRose & Appelbaum, Inc., or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with re-spect thereto.

DeRose & Appelbaum has not made any investiga-tion, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and/or Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of

any tenant, or any tenant’s plans or intentions to con-tinue its occupancy of the subject property. Infor-mation provided has been or will be gathered from sources that are deemed reliable; however, neither Seller nor the Broker warrants or represents that the information is true or correct.

Recipients are advised to verify information inde-pendently and hire all applicable professionals and experts to assess the Property’s physical and finan-cial condition. Seller and/or the Brokers reserve(s) the right to change the Property’s purchase price, or any information provided, or to withdraw the Proper-ty from the market at any time without notice. Recip-ients agree that the information provided by Seller and/or Broker is confidential and, as such, agrees to hold and treat such information in the strictest of confidence.

DISCLOSURE







Appelbaum DeRose &


Appelbaum DeRose &


DeRose & Appelbaum is pleased to present 950 Noe Street in San Francisco, CA for purchase. This well-located asset is situated on a calm corner in San Francisco’s sun-filled Noe Valley. This mixed use property consists of a commercial storefront on the corner currently leased to an important San Francisco architecture firm (www.morkulnes.com), and a charming residential unit behind that opens to a small en-closed yard/patio. The RH-2 zoning and tenant mix provide potential for a long-term development opportunity.

The property is in proximity to all of the popular 24TH Street Noe Vally attractions such as Whole Foods, Noe Valley Bak-ery, Starbucks, Noe Valley Cyclery, Walgreens, and more.

ABOUT THE INVESTMENT

Appelbaum DeRose &


BUILDING HIGHLIGHTS

• COMMERCIAL + ONE RESIDENTIAL UNIT• RH-2 ZONING• IN-PLACE INCOME• SUNNY CORNER LOCATION IN NOE VALLEY• CLOSE TO PUBLIC TRANSPORTATION• HARDWOOD FLOORS• ATTRACTIVE SAN FRANCISCO VIEWS• RECENT UPGRADES

ABOUT THE BUILDING

950 NOE STREET SAN FRANCISCO, CA$1,575,000 MIXED USE 21 NONE 3624-001 1,250 (PER PUBLIC RECORD) 1,589 (PER PUBLIC RECORD)1910

ADDRESS:

CITY/STATE:PRICE:

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GENERAL INFORMATION

PROJECTED RENTAL INCOME

$3,250.00

$2,395.00

$5,645.00

$67,740.00

Lease Expiration

04/04/20

03/31/18

Monthly Gross Income

Annual Gross Income

Lease Expiration

11/20/16

04/1/17

Unit

950 Noe (Commercial)

950 A Noe Street

Appelbaum DeRose &


In recent years, Noe Valley has become one of San Francis-co’s most desired neighborhoods. Living in Noe Valley can save a commuter twenty minutes or more when commuting south, and many Silicon Valley companies have employee shuttles that stop in the neighborhood. Public transit in-cludes the J-Church, which runs down Church Street through to 30th Street. The 24 MUNI Bus also runs through Noe Valley. The neighborhood is primarily residential, although there are two bustling commercial strips, the first along 24th Street, between Church Street and Diamond Street, and the second, less dense corridor along Church Street, between 24th Street and 30th Street. Numerous shops and restau-rants line 24th Street including a Whole Foods Market, Noe Valley Bakery, and Starbucks.

Noe Valley enjoys some of San Francisco’s sunniest weather, and nearby Dolores Park (which has been recently renovat-ed) offers some of the City’s best views. While Noe Valley is known for its large number of young families, it remains appealing to all San Francisco residents as a place to live, work, and shop.

ABOUT THE NOE VALLEY

AREA MAPFLOORPLAN & FEATURESNEIGHBORHOODMISSIONDOLORES

PARK

BERNALHEIGHTS

PARKUPPER NOE

RECREATION CENTER

95


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SHUTTLESTOP

SHUTTLESTOP

SHUTTLESTOP

DAVID’S TEA

PRESSED JUICERY EASY BREEZY

NOE VALLEY

FARMER’S MARKET

PHIL’Z COFFEE

WHOLE FOODS

LOCAL PLACES

Appelbaum DeRose &


NO

E

ALVARADO ST.

23RD ST.

CAS

TRO

ST.

Appelbaum DeRose &


95


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Appelbaum DeRose &








www.deroseappe lbaum.com

95


S T R E E T

950 noe - loopnet...appelbaum derose & commercial real estate services 2 units for sale 950 noe...

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