Mixed-use property located on the main commercial corridor in the heart of Daly City. Ground floor retail unit (1,089 SqFt on the ground level and 1,099 SqFt basement) and a large 1,180 SqFt 2-bedroom/1-bathroom flat on the 2nd floor. The property features a large, unused backyard which can serve as an excellent amenity for the residential or commercial unit. Well suited for an owner-occupant or an investor. The ground floor commercial unit consists of more than 50% of the property area, therefore, an owner-occupant may qualify for an Small Business Administration (SBA) financed loan to acquire the property with a down payment as low as 10% of the purchase price. The commercial ground floor may be delivered vacant upon the close of escrow. Because there is only one residential unit in the property, the property is not subject to the California Tenant Protection of 2019- AB 1482. Daly City is situated in close proximity to Downtown San Francisco and Silicon Valley, and provides unparalleled access to the region's major employment centers including Genentech and Oracle. Amenities include fine dining, entertainment, and cultural attractions in San Francisco and the surrounding cities, and robust public transportation infrastructure including BART, Caltrain, and bus services.

Listed By CRMLS_CA / Ismael Benhamida / Compass

Last checked: Checking… • Last updated Nov 6, 2024 • Source: CRMLS_CA

MLS# ML81958862 — Report a problem