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Listed by Compass
$ 895,000
Est. payment | /mo
2,554 SqFt
$ 895,000
Est. payment | /mo
2,554 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,554 sqft
Price per Sqft $350
MLS Listing ID ML82059638
HOA Y/N No
Year Built 1948
Lot Size 1,262 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property Description
6584 Mission Street is a mixed-use investment or owner-user opportunity on the Daly City/San Francisco border. Built in 1948, the 2,554 SF building offers a fully built-out ground-floor restaurant with full commercial kitchen and an expansive basement for storage and prep, plus two top-floor studios for diversified income. Most recently home to Lisa's Mexican Restaurant, a neighborhood fixture for decades, the space is turnkey for a restaurateur or small-business owner. High-visibility frontage on the Mission Street corridor delivers strong foot and vehicle traffic, with BART, SamTrans, Muni, and I-280 minutes away and a dense, walkable neighborhood of markets, restaurants, and daily conveniences keeping residential demand steady. Daly City's more landlord-friendly regulatory framework adds appeal versus neighboring San Francisco while drawing a similar high-density tenant pool. One studio is vacant and ready for lease-up at market rents or available as the owner's residence; the other is occupied with upside at turnover. Projected 6.9% cap rate at full lease-up. Owner-users may qualify for up to 90% SBA financing (10% down), using residential income to help service debt a rare low-down-payment path to owning on a premier commercial corridor.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District Jefferson Union High, Jefferson Elementary
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"