2816 Diamond Street San Francisco, California

Property type: Mixed Use
  • Price: $3,100,000
  • Building Size: 10,752 Sq Ft
  • Units: 2
  • Price Per Unit: $329,545
  • Price Per Sq Ft: $337
  • Cap Rate: 5%
  • GRM: 19.14
  • Status: In Contract
  • Date: 10/07/2021

2816 Diamond Street is a two unit building which has been the home of “Glen Park Station” bar since 1926. The offering includes the building (2 units), the business, and the liquor licenses which are a Type 48 (on premise liquor sales) and Type 21 (off premise (to go) sales). There is no requirement to sell food under either of these licenses.

The lower level aka “The Station” or “GPS” (approx 1,831 sq/ft) features a long bar which fits 25+ stools and a timeless wood back bar. There is a “Dart Room” in the rear and an outdoor patio.

The upper unit (approx 1,627 sq/ft) is comprised of 5 rooms, 2.5 bathrooms, and a large kitchen. The flat is currently rented by the room. 3 of 5 rooms will be delivered vacant.
2816 Diamond Street offers investors the opportunity to buy a cash-flowing property with a seasoned business, that is also a part of SF history.