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Additional details
Listed by Ismael Benhamida • Compass, DRE#01722847
$895,000
Est. payment /mo
2 Baths
2,554 SqFt
UPDATED:
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
Full Baths 2
Year Built 1948
Lot Size 1,262 Sqft
Property Sub-Type Triplex
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
Area 'Original' Daly City
Zoning C-MU
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features No Garage
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 003-131-220
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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