The Passport Group has been retained as exclusive broker to offer the fee-simple interest in an independent, fully tourist licensed hotel located at 259 Seventh Street, San Francisco, California. The hotel is permitted nonconforming use.
The hotel is three story with 34 guest units and additional units of retail, suite rooms, and manager’s unit that bring the total to 39. The asset offers the opportunity for a multi-use project that would include retail and residential space with a height limit of 65 feet. This is an exceptional opportunity to acquire a cash flowing asses with significant upside potential as a multi-use development project.
|Property Name||Independent Hotel/Mixed Use Development|
|Address||259 Seventh Street, San Francisco, California, 94103|
|No. of rooms||34 guestrooms, 2 Suites with second bedroom, 2 manager units,retail for a total of 39 units|
|Year Built||1900 originally, complete renovation and reconfiguration in 1981, including a parking garage|
|Site Area||Parcel: 5,758 sq ft Parking Lot/Retail: Approx. 4,000 sq ft Total is 9,758 sq ft.|
|Floors/Layout||Three story; retail and parking first level|