Retail Commercial Condominium For Sale

Exclusive Listing Agent: Oron Maher

Asking Price: $1,800,000

Tremendous opportunity to purchase a pristine retial commercial condo, located on the ground floor of luxury residential bldg, on the heavy- traffic 2nd St corridor, across the street from the Courtyard Marriot and surrounded by heavy office usage, condo towers, and many restaurants. Current usage as as a spa/event center. The space is mostly open with one private office, 7 treatment rooms, 2 bathrooms (ADA), 2 showers/locker facilities. Space is clean and in pristine condition.The space is currently tenant occupied by a spa, but owner says that space can be delivered vacant at close of escrow, creating a unique purchase opportunity for an owner user. Tenants' lease expires May 31, 2012 with 5 year option to renew and base rent of $11,091.71 NNN+ annual CPI increases. Monthly assesments for this condo were $1,311.13 in 2008.Space is in pristine condition with high-ceilings, wood floors and many high-end finishes.
2nd between Folsom and Mission Streets on high-traffic retail/office/residential/hospitality corridor.

For more information: 415-834-3545