8 Persia Ave/4696 Mission St

The Mission Terrace/Excelsior District, situated in the southern part of San Francisco, is a dynamic neighborhood rich in amenities and supported by robust infrastructure and institutions. Central to this area is the City College of San Francisco, a prominent educational institution serving thousands of students each year. The district has a diverse array of restaurants, providing a wide range of dining options to suit various tastes and preferences. Essential services are well-represented with numerous banks, grocers, barbershops, and more scattered throughout the neighborhood. Transportation in the Mission Terrace/Excelsior District is notably convenient. The area is in close proximity to Interstate 280, facilitating easy access for commuters. Public transit is robust, with multiple Muni bus lines ensuring comprehensive coverage and connectivity. Additionally, the Muni Metro runs through the district, offering efficient transit to other parts of the city. For further connectivity, residents and visitors can access the Balboa Park BART station, a major transit hub that enhances the district’s accessibility.Occupy the second floor and pay less than a lease at a comparable unit: Monthly Cost to Own 8 Persia/4696 Mission is ~$8,924/Mo. (SBA Mortgage minus Net Operating Income) VS. Average Cost to Lease a Comparable 3,560 SF Unit is ~$11,223/Mo. 8 Persia Avenue/4696 Mission Street is a commercial property located on a signalized corner in the Mission Terrace District of San Francisco. The property is +/-7,110 square feet. It features wraparound frontage along Mission Street, Persia Avenue, and Ruth Street, enabling highly visible signage opportunities. The ground floor is a retail space of +/-3,550 square feet, characterized by high ceilings, abundant natural light, an open retail area, and storage rooms. This space is currently leased to a beauty shop with a lease term ending in 2028. The +/-3,560 square foot second floor is ideal for an office, retail, or professional services owner-user who can occupy it while collecting rent from the ground floor tenant. Mission Terrace boasts excellent transportation connectivity; MUNI bus/light rail, BART, and Highway 280 are all within moments of the property. Key thoroughfares like Ocean Avenue, Alemany Boulevard, and Mission Street provide a constant source of traffic. It’s also a hub for restaurants and retailers, and is near the City College of San Francisco. The investment appeal of the property is its prominent corner location, owner-user potential, and flexible allowable uses.