1601-1621 Haight Street, San Francisco, CA 94117

Property Description

1601-1621 Haight and 601-609 Clayton is a prominent corner mixed-use asset in the heart of Haight-Ashbury. This iconic location is a destination for locals and tourists alike with amazing foot traffic. The bulk of the property's income is from the six retail spaces along Haight Street, anchored by Dr. Martens footwear. Other retailers include Cary Lane, Street Taco, Kayo Clothing, and Chameleon Vintage. A new bar tenant has just signed a five-year lease in the space formerly occupied by Hobson's Choice. The six residential units all have private entrances from the street. Two are along Haight Street and four are accessed on the Clayton Street side of the property. Two of these Three-Bedroom flats will be delivered vacant. All of the units boast hardwood floors, built-in cabinetry, fireplaces (some decorative), and period charm. The property consists of four different structures. Buyers should look into the feasibility of splitting the lot into separate parcels to maximize value. This trophy asset provides an excellent in-place income while maintaining significant upside potential.