2701 Lombard Street, San Francisco, CA 94123

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Sold Price
$2,210,000
List Price
$2,300,000

Property Description

Fully leased corner retail property in the heart of San Francisco's Marina District. Built in 1906 and totaling approx. 2,668 sq. ft., 2701 Lombard Street / 2953-2955 Baker Street offers excellent visibility steps from the Presidio and Marina Green. Two long-term tenants provide stable income: Cte Ouest Bistro (lease through Nov. 2030, two 5-year options, CPI increases capped at 3.5%) and Phil's Electric (lease through Nov. 2028, 3.5% annual increases). Both leases are gross, with tenants responsible for utilities, repairs, and maintenance. Ideal opportunity for local investors seeking a turnkey, income-producing asset in a prime Marina District location.

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Listing courtesy of Urban Group Real Estate. Selling Office: KW Advisors.