1040 Columbus Ave

For Sale

1040 Columbus Ave, San Francisco, CA 94133

This San Francisco property for sale is located at 1040 Columbus Ave. The current listed sale price for 1040 Columbus Ave is $6,500,000. 1040 Columbus Ave is situated on a lot that is 0.27 acre in size.

Contacts

broker

Brian Leung

LL CRE Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 10,572 SF
  • Units 1
  • Lot Size 0.27 Acre
  • Additional Rent Contact for pricing
  • Year Built 1950
  • Date Updated Aug 7, 2024
Crowned by the iconic Coit Tower atop Telegraph Hill and packed with an amazing history as the home of the progressive “Beat Generation”, North Beach/Telegraph Hill is a charming and lively neighborhood that is a popular tourist and local destination. From the culinary delights and exceptional nightlife of Little Italy along Columbus Street to the calm serenity of a picnic at Washington Square, it has much to offer to satisfy discerning residents, workers, and tourists of San Francisco. North Beach/Telegraph Hill isn’t just a place for recreation and residence, it is also home to a number of prominent companies such as Levi’s Strauss, ABC 7 News, KRON 4, BAR Architects, Vungle Inc. and New Deal Design Inc. The neighborhood is also home to the Exploratorium, a popular science museum attracting more than 800,000 visitors annually, and to the James R. Herman Cruise Terminal, which hosts more than 80 cruise ships and 300,000 passengers annually.1040 Columbus Avenue is a large retail property and parking lot located in the North Beach neighborhood of San Francisco. The property presents an opportunity for an investor to receive a 5% return while preparing for future development. The structure 10,572 SF is located on an 11,918 SF corner lot with frontage on Columbus and Taylor St.Currently occupied by a restaurant and bar, the property has a spacious kitchen, a large bar, several dining rooms, an outdoor patio, and a mezzanine office. The kitchen is equipped with 30’+ hood and prep area. The parking lot can accommodate 11 car parking and has pole signage. The property is in the path of development and is a candidate for high density redevelopment. Zoning permits up to 29 dwelling units or 85 group housing units. Development continues to progress along Columbus Avenue with a neighboring parcel already approved for 56 units. Columbus Avenue is a major thoroughfare lined with retailers and notable destinations and bookended by Fisherman’s Wharf and the Financial District. A busy mix of tourists, residents, and professionals traverse this neighborhood on their way to its many excellent cafes and restaurants. The area’s well know destinations include Washington Square, historic City Lights Bookstore, and St. Peter and Paul Church. The property’s investment appeal is its location in a busy tourist neighborhood, dense population of residents, and its outstanding upside potential through tenant repositioning and development.

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Highlights

  • Located on the Border of North Beach and Telegraph Hill. Heavily Trafficked Columbus Avenue Corridor. Cable Car Turnaround Less than a Block Away
  • 10,572 SF Restaurant/Pub. Vaulted Ceilings. Beautiful Wood Beam Construction. Vented Kitchen.
  • 11-Car Parking Lot
  • Outstanding Development Potential - Up to 29 Dwelling Units or 85 Group Housing Units

Getting around

  • 99/100

    Walk Score ®

  • 81/100

    Transit Score ®

  • 87/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City San Francisco, CA
  • Neighborhood North Beach
  • Zip Code 94133
  • Market San Francisco

Points of Interest

  • Taylor Street & Francisco Street

    0.02 miles

  • Taylor Street & Columbus Avenue

    0.03 miles

  • Taylor Street & Bay Street

    0.05 miles

  • Columbus Avenue & Chestnut Street

    0.06 miles

  • Columbus Avenue & Lombard Street

    0.11 miles

  • Taxi Stand at Marriott Fisherman's Wharf (along North Point Street)

    0.18 miles

  • Taxi Stand atHotel Riu Plaza Fisherman´s Wharf / NorthPoint Centre (along North Point at Mason St)

    0.20 miles

  • Mason Street & Greenwich Street

    0.20 miles

  • Beach Street & Mason Street

    0.23 miles

  • Taxi Stand at Hotel Zephyr

    0.27 miles

  • 76

    0.11 miles

  • EVgo

    0.12 miles

  • Rivian Waypoints

    0.79 miles

  • Chevron

    0.89 miles

  • Shell

    0.92 miles

  • Standard

    1.08 miles

  • Bell Resources

    1.19 miles

  • Tesla Destination Charger

    1.49 miles

  • Fuel 24:7

    1.64 miles

  • Electrify America

    1.66 miles

  • The Wharf Garage

    0.25 miles

  • Pier 39 Garage

    0.35 miles

  • Ghirardelli Parking Garage

    0.39 miles

  • Ghirardelli Square Parking Garage

    0.40 miles

  • SP+

    0.47 miles

  • North Beach Garage

    0.52 miles

  • Chinatown Parking

    0.66 miles

  • Employee parking

    0.68 miles

  • Chinese Hospital Parking Garage

    0.69 miles

  • Brocklebank Garage

    0.81 miles

  • Albona

    0.07 miles

  • Curry Leaf

    0.09 miles

  • Ristorante Fior d'Italia

    0.10 miles

  • Cilantro SF Taqueria

    0.10 miles

  • Miyabi Sushi

    0.14 miles

  • New Thai Elephant

    0.14 miles

  • Pizzeria & Grill

    0.15 miles

  • Hollywood Cafe

    0.16 miles

  • Hollywood Café

    0.16 miles

  • Pescstore

    0.17 miles

  • Ross

    0.11 miles

  • Trader Joe's

    0.12 miles

  • Safeway

    0.20 miles

  • Wharf Liquors & Deli

    0.24 miles

  • J & P Bait

    0.39 miles

  • Luke's Local Grocery

    0.47 miles

  • Chef Bowl, Inc.

    0.50 miles

  • JW & L Market

    0.51 miles

  • Sun Kau Shing Co., Inc.

    0.54 miles

  • New Russian Hill Market

    0.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Leung

LL CRE Group