Remodeled Excelsior Bar/Restaurant

San Francisco, CA (San Francisco County)

Remodeled Excelsior Bar/Restaurant
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Asking Price: $399,000

Established: N/A

Remodeled Excelsior Bar/Restaurant

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Asset Sale Description

Located on busy Mission Street of SF's Excelsior District, this site was a long established bar & restaurant before being recently closed. Landlord has since fully renovated with new kitchen, ADA restrooms, new flooring, paint, lighting and more. The layout contains a long bar with adjacent tables plus another large room for events, private dining or a lounge: 1,750sf on the ground floor and 875sf basement/garage. Kitchen equipment includes a type-1 hood with 6-burner gas range/oven and a 2 basket fryer with 2 new walk-in coolers and a draft beer system. Easy loading via driveway ramp to the rear garage storage area and on-site parking is available.

The Excelsior is transforming as young professionals move in requiring new amenities. Residential development is booming with 55 new condos built on the block and two more projects in the works totalling 1,050 units. If you have a casual bar/restaurant concept, this is a fantastic turn-key opportunity with a direct long-term lease in an up and coming neighborhood with limited competition.

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Michael Chidambaram

Asset Sale Listed By:
Michael Chidambaram

Vandermade Commercial Real Estate

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