https://www.colliers.com/p-usa1116763
- For sale
For Sale
$12,975,000 USD
501 Hayes Street is a pride of ownership 18 unit mixed-use apartment building located in the epicenter of Hayes Valley,
one of the trendier sections of town, with an eclectic mix of Boutiques, high-end restaurants, shopping and nightlife.
This unit mix consists of 4 studios, 12 one-bedrooms, & 2 commercial units
currently occupied by Hazie’s, a popular contemporary bar & restaurant and Miette Patisserie
& Confiserie, an critically acclaimed high quality French pastry shop with locations around the Bay Area.
Easy freeway access and proximity to several Muni bus lines makes Hayes Valley a very desirable location.
The property has recently undergone a series of upgrades including a seismic retrofit,
exterior paint, new electrical service and ADA access compliance for the commercial.
Excellent opportunity for an investor to purchase an exceptionally well located mixed-use
asset with tremendous income upside potential through future commercial rent increases and unit turnover.
