243-255 West Portal Ave
- Ideal West Portal Location
- Great value at $580 psf
- Projected 6.0% Cap Rate
- Unbeatable Retail Location
What this property offers
Freestanding 2-unit retail building for sale, approximately 4,471 square feet plus approximately 970square feet mezzanine/storage space. Centrally located in San Francisco’s vibrant West Portal neighborhood this building shows pride of ownership. Comprised of two units, 243 and 255 West Portal. 243 West Portal is currently leased to OrexiGreek Restaurant, a very successful, top-rated business. Orexi renewed their lease on 12/1/2020for 10 years plus one 5-year option. Orexi’s lease is on a Net basis, tenant pays 1/3 of real property taxes and building insurance. 255 West Portal is a beautiful, well-maintained retail space with high ceilings and will be delivered vacant. The unit has an HVAC, 2 restrooms, exposed ceiling beams, and mostly open space, ideal for many types of uses. Ideal for an owner-user or investor looking to re-tenant. Great zoning allows for many options.243-255 West Portal Avenue presents a savvy investor with a fantastic opportunity to purchase a prime retail building in a key San Francisco neighborhood with great upside potential.