3600 16th St. / 292 Noe St.
$6,800,000
3600 16th St. / 292 Noe St. San Francisco, CA 94114
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About this listing
DESCRIPTION
LOOKOUT! The building with this iconic Castro bar could be yours! This landmark location at the intersection of Market, 16th, and Noe Streets in the coveted Duboce Triangle neighborhood of San Francisco is available for the first time in almost 50 years! The building consists of four retails spaces occupied by three well-performing tenants, including El Tucan Tacos, Max Muscle and the famous Lookout bar and restaurant. Each space has abundant natural light from floor to ceilings windows. The ground floor Mexican restaurant has access to a lovely commercial parklet, providing an inviting atmosphere for outdoor seating for their customers. The Lookout Bar, a Castro district staple for nearly 20 years, has an additional small annex space on the ground floor primarily used for storage, which also intermittently hosts neighborhood pop up stores. Next to the annex is the entrance to the Lookout which occupies the entire second floor boasting a large space with incredible views, abundant seating and amazing flexibility for events and entertainment, and a legal occupancy of 237 people. There is a full kitchen plus walk in fridge, multiple bathrooms, an office, and ample storage. The corner ground floor retail space with extremely high visibility and accessibility has been occupied by Max Muscle for over twenty years. All the units have separate hot water heaters, and individual gas and electric meters. All leases are NNN with Lookout being protected from any increase on property tax reimbursements due to a sale. This is an incredible opportunity for the savvy investor to own in a landmark Castro location!
HIGHLIGHTS
- Premier Corner Location Extremely High Visibility Great Views 4 Retail Spaces Commercial Parklet Separately Metered Gas & Electricity Individual Water Heaters Building Size: Approx. 6,032 SF* Lot Dimensions: Approx. 85’ x 46’* Lot Size: Approx. 3,907 SF** Sale 4 Retail Spaces in Trophy Corner Location | Castro District Iconic Lookout Bar & Restaurant! Excellent Duboce Triangle Location! Premier Corner Location Extremely High Visibility 5 Retail Spaces (2 Combined Spaces) Occupied by Famous Lookout Bar, El Tucan Mexican Restaurant, & Max Muscle Supplement Store Lookout & Tucan have Fully Equipped Kitchens ADA Bathroom in El Tucan Wrap Around Balcony with Fantastic Views of Market Street, Downtown & The Mission Commercial Parklet Ample Storage Separately Metered Gas & Electricity Individual Water Heaters Surrounded by Top Tier Castro Dining & Nightlife
