249 Grand Avenue photo

249 Grand Avenue

$1,887,500 249 Grand Avenue, South San Francisco, ca 94080

249 Grand Avenue is a prime mixed-used building in the heart of Downtown South San Francisco, known as the "Birthplace of Biotechnology". The area has seen an influx of over 1,000+ Market Rate units within walking distance to the subject property, in just the last few years.

The property includes a full-floor residential flat above a ground-floor bar. The bar which is one of three on Grand Avenue will be delivered vacant. 

 

 With double frontage on both Grand and 3rd Lane Avenue and a large backyard patio, the subject is well suited for a bar/restaurant combination. The sale of the property also includes a rare type 48 liquor license, 

The subject property is located in the Grand Avenue Core (GAC) zoning district which allows for continuous retail frontage with high-density residential above. Currently, the building occupies approximately 40% of the lot, allowing a new owner the opportunity for future development potential. 

  • Sold
    Status

Features & Amenities

Area & Lot

  • Status: Sold

Financial

  • Sales Price: $1,887,500

249 Grand Avenue

Work With Hanna John

During his past experiences, Hanna John has gained particularly strong knowledge and hands-on experience in maneuvering complex multi-faceted value-add investments.
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