2525-2533 Ocean Ave

This mixed-use retail and office property in San Francisco’s Lakeside Village neighborhood presents a compelling value-add investment opportunity. Encompassing approximately 12,200 gross square feet with 7,000 rentable square feet, the building is configured into three commercial suites, including a restaurant space that was extensively renovated in 2021, an occupied dental office, and a vacant office suite. Offered at $2,500,000, the well-maintained property was originally constructed in 1946 and provides flexibility for investors to either negotiate a leaseback with the existing dental tenant or take possession with additional vacancy for repositioning and leasing strategies. Based on projected market rents for the restaurant and office spaces, the property has the potential to generate approximately $270,000 in annual base rental income, translating to an estimated 8.15% capitalization rate. The vacant space creates immediate leasing opportunities, while the recent restaurant improvements help minimize future capital expenditures. Located along the established Ocean Avenue commercial corridor, the asset benefits from a stable neighborhood setting and strong demand drivers within a supply-constrained market. Its flexible layout can accommodate restaurant operators, medical users, and traditional office tenants, making it an attractive investment with both current income potential and long-term value appreciation opportunities.