231 West Portal Avenue, San Francisco, CA 94127

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Sold Price
$3,800,000
List Price
$3,595,000

Property Description

231-239 West Portal Avenue presents a rare opportunity to acquire a fully leased commercial asset in one of San Francisco's most established neighborhood corridors. The 5,200 SF two-story property features three ground-floor retail suites plus an upper-level retail/office space with abundant natural light and 50 feet of prime street frontage. Currently 100% occupied with leases extending through 2035, the asset provides stable long-term cash flow with minimal rollover risk. In-place income totals $261,036 annually, reflecting a strong 7.17% cap rate. The tenant mix includes Mighty Pilates, which occupies both the ground floor and second level; Kumon Math & Reading Center, a global educational operator; and TuTu School, a boutique ballet school franchise. Tenants benefit from long-term leases with annual rent escalations and expense reimbursements, further supporting consistent net operating income. Positioned adjacent to the West Portal Muni Metro Station, the property sits in a high-barrier-to-entry market with strong demographics, daily foot traffic, and loyal neighborhood patrons. This combination of credit tenancy, durable income, and irreplaceable location makes 231-239 West Portal Avenue an attractive investment for buyers seeking secure yield on San Francisco's west side.

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Listing courtesy of Maven Commercial, Inc.. Selling Office: Corcoran Icon Properties.