1609 Palou Ave

The Bayview District of San Francisco is a vibrant and diverse community with much to offer residents and visitors alike. Situated on the southeastern edge of the city, Bayview is known for its picturesque views of the bay and its bustling commercial corridors. One of the district’s most notable attractions is its thriving arts scene, which includes numerous galleries, studios, and public art installations. Visitors can explore the Bayview Opera House, a historic community arts center that hosts a variety of performances and events throughout the year. The district also boasts a wealth of outdoor recreation opportunities, including several parks and nature reserves. The neighborhood is also conveniently connected to the rest of San Francisco by multiple modes of public transportation and major freeways including Interstate 280 and Highway 101. In addition to its cultural and recreational offerings, the Bayview District has been rapidly growing; 372 units have been built in the neighborhood since 2010. The planning department’s Bayview Hunters Point Area Plan, adopted in 2012, calls for more than 10,000 new homes to be built in the next 20 years.1609-1611 Palou Avenue is a retail duplex in the Bayview District of San Francisco. The property consists of two retail units, currently occupied by a cafe and a barber shop. Ownership has recently renovated the entrance to comply with ADA requirements. The subject property is situated in District 10, a rapidly developing area that encompasses Bayview/Hunters Point. At present, there are 8,904 residential units in various stages of planning or construction in this district. Notably, phase one of the Hunters Point Shipyard development has already completed 505 out of its 1,428 units, while phase two has finished 337 units. The Bayview Hunters Point Area Plan, which was adopted by the planning department in 2012, aims to construct more than 10,000 new homes within the next two decades. Moreover, the neighborhood boasts an excitingly diverse blend of artistic, cultural, and historical features, positioning it as the next Mission District. Additionally, the property is conveniently located just a few seconds away from 3rd Avenue, the district’s sole retail corridor. The investment appeal of the property is its growing/evolving location.