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2929 Geary Blvd.
Lone Mountain Investment Opportunity
First time on the market! Pride of ownership abounds in this professionally managed mixed-use investment opportunity. Built in 1984 and not subject to local rent control. 17,488 sq ft of income space per tax records, 100% occupied. Modern building of 4 levels over parking. Ground floor retail/furniture store occupies the commercial space on levels 2 & 3. This 9,922 sq. ft. space, per graphic artist, is directly located on the high-traffic Geary Commercial Corridor with an average daily volume of 57,336. Levels 4 & 5 include seven residential units: five-1bd/1ba, one-2bd/1ba, and one, newly renovated 3bd/2ba. Halfway between Ocean Beach & Downtown, many residents consider the Lone Mountain Neighborhood location a San Francisco sweet spot. Muni transit at your doorstep. Proximity to USF, Kaiser, Laurel Village, Target, Trader Joe’s, post office, banks, restaurants, coffee shops, Golden Gate Park & more keeps vacancy low. You do not want to miss this fabulous investment opportunity!
Keller Williams San Francisco Lic. #01995149. Each office is independently owned and operated. The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. The prospective buyer should carefully verify the above items and all other information contained herein.
The northwestern-most corner of San Francisco is comprised of a handful of unique, diverse neighborhoods, including Lone Mountain.
Atop a historic hill that once was home to a group of cemeteries, the Lone Mountain neighborhood towers high enough to boast ocean and city views, a majority from the University of San Francisco campus that takes up a large part of the area. The neighborhood is a constantly abuzz with professors, students, and local San Franciscans who enjoy the college-town vibe.
Most of the homes in Lone Mountain are filled with college students who share living spaces in multi-unit properties and apartments. But there is still a heavy population of families that live in the neighborhood and reside in well-kept Edwardians.
There is never a lack of things to do in Lone Mountain. One of the most popular open spaces is the Angelo J. Rossi Playground and Rossi Pool. Students and families alike gravitate to these areas that offer public tennis courts, basketball courts, picnic areas, an indoor swimming pool, and a children’s playground.
Another notable attraction in the neighborhood is the Lone Mountain Children’s Center, a private, non-profit preschool that has been open for more than 40 years. Its primary mission has continued to be serving the children and families of San Francisco with high-quality developmental theme-based programs for young children.
Whether college student, professor or enthusiast, Lone Mountain is a unique and distinctively San Francisco community with all of the urban amenities, plus extras, that cannot be found elsewhere.