Investment Real Estate Services

SOLD: Noe Valley Two Unit Mixed-Use Building 1320-1324 Castro Street

1320 – 1324 Castro Street

List Price: $2,350,000

SOLD Price: $2,350,000

  • Two-unit, mixed-use building
  • Upstairs vacant residential unit 3 BR / 1 BA
  • Ground floor commercial – tenant is Contigo restaurant
  • Total square footage: 2748
  • Zoning: Noe Valley Commercial
  • Excellent Noe Valley location
  • Separately metered for gas and electric between units
  • Recently renovated commercial space with restaurant lease
  • Upgraded seismic retrofits and plumbing in restaurant
  • Owner-occupied for past nine years
An amazing opportunity to own an excellently maintained, income-generating building in heart of downtown Noe Valley. This two-unit, mixed-use building is excellent for an investor, ideal for a hands-on business owner, or residential buyer who wants great rental income. Recent renovations include over $1m in seismic upgrades, updated plumbing, and electrical systems. Seller has installed extensive sound buffering, ensuring quiet and privacy for the residential unit above. The commercial tenant, Contigo, is a popular and successful restaurant. The location can’t be beat, convenient to transit, tech shuttles, children’s playgrounds, and all the shops, restaurants and services of a robust San Francisco neighborhood.

1324 Castro St. – Upper Residential Unit

  • 3 bedroom / 1 bath
  • 1385 square feet (per seller)
  • Radiant-heat flooring
  • Sound buffering between units
  • Sun room / deck

1320 Castro St. – Lower Unit – Contigo Restaurant

  • 1363 square feet (per seller)
  • Structural/earthquake retrofit in 2008
  • $7200 monthly rent (with 3% annual increases)
  • 10-year lease with two 5-year extensions

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