I took a client to see this vacant assisted living facility in the Haight in San Francisco yesterday. The property was interesting and presented a number of financial opportunities if financing could be obtained. My first question was would the seller finance the deal, if so this could make sense as small offices or studios with common bath and kitchen.
The building is 15 single occupancy rooms ±4,032 SF, 2-story building. Kitchen and common dining areas. Walking distance to Golden Gate Park and UCSF Hospital. Zoning permits redevelopment with a height limit of 40 ft. or a 4-story building with commercial ground floor and residential above.
CoStar Group
CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.
It has become increasingly evident to those in the commercial real estate industry that improving building energy performance and making other sustainable and green improvements can impact property values and balance sheets. To some degree, building owners find themselves caught in a 'Catch 22' situation. On one hand, buildings that are slow to adopt these changes and implement green retrofits and more efficient operations are seen as being at a...
