6584-6582 Mission Street, Daly City, CA 94014

$895,000
2,554
SqFt

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List Price
$895,000
Status
ACTIVE
MLS#
ML82059638
Year Built
1948
Property Type
Triplex
Living Area
2,554
Lot Size
1,262
Acres
0.03
County
San Mateo
Subdivision
Ca

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.

Additional Information

Roof
Composition Shingles
Water Sewer
Public
Elementary School
Jefferson Elementary
High School
Jefferson Union High

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Calculator source: Real Geeks

Listing courtesy of Ismael Benhamida from Compass. 408-373-6195

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