2701 Lombard ST San Francisco, CA 94123 Active Under Contract

UPDATED: 11/16/2025 12:05 AM ON SITE: 64 days on site

$2,300,000

2,668 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,668 sqft

Price per Sqft $862

MLS Listing ID 425085774

HOA Y/N No

Year Built 1906

Lot Size 2,668 Sqft

Acres 0.0612

Property Sub-Type Retail

Property Description

Fully leased corner retail property in the heart of San Francisco's Marina District. Built in 1906 and totaling approx. 2,668 sq. ft., 2701 Lombard Street / 2953-2955 Baker Street offers excellent visibility steps from the Presidio and Marina Green. Two long-term tenants provide stable income: Cte Ouest Bistro (lease through Nov. 2030, two 5-year options, CPI increases capped at 3.5%) and Phil's Electric (lease through Nov. 2028, 3.5% annual increases). Both leases are gross, with tenants responsible for utilities, repairs, and maintenance. Ideal opportunity for local investors seeking a turnkey, income-producing asset in a prime Marina District location.