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House
·
for sale
USD 4,500,000
USD 317/sq.ft
1538 1 Polk St, San Francisco, CA 94109 | MLS #426124
Tenderloin
· 14,155 sq.ft · House
Tenderloin · 14,155 sq.ft · House
1538-1- Polk Street is a mixed-use (hotel + retail) property in the Nob Hillu002FPolk Gulch neighborhood of San Francisco. The three-story property features three (3) retail units on the ground floor and a 40-unit SROu002Fhotel above that is master leased to an operator, Shirley Hotels. Of the 40 rooms, 21 are SRO units, 7 are SRO with partial baths, 9 are touristu002Ftransient and 3 are for manager use. The SRO units without bathrooms share 3 common area bathrooms. Two of three retail units are occupied by a tuxedo retailer and a foot massage service. The 40 room hotel is currently month-month. A savvy investor may renegotiate the lease or operate the hotel to significantly increase cash flow. The property is in a central location of the Polk Street commercial corridor in Nob Hill. The street is famous for its historic architecture, Michelin-rated cuisine, and abundant retail amenities. It is an exceptional location for this type of property due to its walkability and easy access to p
1538-1- Polk Street is a mixed-use (hotel + retail) property in the Nob Hillu002FPolk Gulch neighborhood of San Francisco. The three-story property features three (3) retail units on the ground floor and a 40-unit SROu002Fhotel above that is master leased to an operator, Shirley Hotels. Of the 40 rooms, 21 are SRO units, 7 are SRO with partial baths, 9 are touristu002Ftransient and 3 are for manager use. The SRO units without bathrooms share 3 common area bathrooms. Two of three retail units are occupied by a tuxedo retailer and a foot massage service. The 40 room hotel is currently month-month. A savvy investor may renegotiate the lease or operate the hotel to significantly increase cash flow. The property is in a central location of the Polk Street commercial corridor in Nob Hill. The street is famous for its historic architecture, Michelin-rated cuisine, and abundant retail amenities. It is an exceptional location for this type of property due to its walkability and easy access to p
USD 4,500,000