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Listed by Dan McGue Coldwell Banker Commercial Realty
$ 6,800,000
Est. payment | /mo
6,032 SqFt
$ 6,800,000
Est. payment | /mo
6,032 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,032 sqft
Price per Sqft $1,127
MLS Listing ID 426108533
HOA Y/N No
Year Built 1977
Lot Size 3,907 Sqft
Acres 0.0897
Property Sub-Type Retail
New Construction No
Property Description
LOOKOUT! The building with this iconic Castro bar could be yours! This landmark location at the intersection of Market, 16th, and Noe Streets in the coveted Duboce Triangle neighborhood of San Francisco is available for the first time in almost 50 years! The building consists of four retail spaces occupied by three well-performing tenants, including El Tucan Tacos, Max Muscle and the famous Lookout bar and restaurant. Each space has abundant natural light from floor to ceilings windows. The ground floor Mexican restaurant has access to an inviting commercial parklet, providing al fresca dining. The Lookout Bar, a Castro district staple for nearly 20 years, has an additional small annex space on the ground floor primarily used for storage, which intermittently hosts neighborhood pop up stores. Next to the annex is the entrance to the Lookout which occupies the entire second floor boasting a large space with incredible views, abundant seating, amazing flexibility for events and entertainment, and a legal occupancy of 237 people. There is a full kitchen plus walk in fridge, multiple bathrooms, an office, and ample storage. The corner ground floor retail space with extremely high visibility and accessibility has been occupied by Max Muscle for over twenty years. All the units have separate hot water heaters, and individual gas and electric meters. All leases are NNN with Lookout being protected from any increase on property tax reimbursements due to a sale. This is an incredible opportunity for the savvy investor to own in a landmark Castro location!
Location
State CA
County San Francisco
Area Sf District 5
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 3561015
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