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500 Clement Street
San Francisco, CA 94118

$295,000price
Beds
Total Baths
600Sqft
Corner store averages $65,000/mo to $70,000/mo in sales. Excellent corner location in busiest section of Clement St corridor. 6th Ave & Clement St is most active corner in area, w/ major banks & several bus stops, including the 44. Strong sales of liquor, beer, wine, lotto, ATM, tobacco, soda, candy. $5,000/mo lotto income. Owner started business in 1988 & is retiring after running profitable business for 30 years! Neighborhood goodwill. Please visit store. Asking $295,000 for business & 10 year lease (3 years flat & 7 years at 3% annual rent increases). Rent is $4,500/mo. ATM commission averages $600 to $800 of extra income/mo. Big time lotto & scratcher sales. Commission on lotto sales covers rent. Averages 300 to 500 customers/day.

Listing Details

Essential Information

MLS® # 479405
Square Footage 600
Year Built 1900
Type Special Purpose
Sub-Type Candy/Cookies, Drugstore, Grocery
Status Active

Community Information

Address 500 Clement Street
Area Inner Richmond
City San Francisco
County San Francisco
State CA
Zip Code 94118

Amenities

Features Copy Of Lease At LO, Owner Manager, Owner Will Train
Parking On Street

Interior

Interior Ceramic Tile

Exterior

Exterior Wood

Additional Information

Date Listed December 9th, 2018
Days on Market 43
Zoning NC-1

Financials

$/SqFt $492
Listing Agent: Robert B. Collett
Listing Office: Berkshire Hathaway Drysdale Properties

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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.