(EDITOR’S NOTE: According to public records, the sale closed for $5.6 million, or close to $432 per square foot.)
SAN FRANCISCO – Beckett Capital announces today that is has advised a local San Francisco seller on the sale of 2610 Mission Street, a 12,972 square foot commercial building located in San Francisco`s Mission District. The seller was represented by David Noravian of Beckett Capital. The buyer was a local non – profit who was represented by Catherine House of SVN | QAV & Associates.
The property is a vacant three level building located in 23nd and Mission Streets. It has full entitlements and permits for eight market rate residential units with approximately 9,000 square feet of commercial space.
Because the property was delivered 100% vacant, it generated strong interest and received multiple offers from owners/users looking to secure a core location in the transit and amenity rich Mission District.
About Beckett Capital Inc.
Beckett Capital Inc., Beckett Capital is a commercial real estate services firm specializing in urban redevelopment and repositioning opportunities in the San Francisco Bay Area. It concentrates on disposition and acquisition strategies for clients that focus on ground up residential, mixed-use and office product. For more information visit www.beckettcapital.com.