SRO Hotel with 27 Rooms and 16 of them vacant. Corner commercial space is vacant as well. 1500 Powell Street/790 Vallejo Street is a Mixed-Use Residential Hotel located in San Francisco's vibrant North Beach. The building consists of 27 SROs and 2 Commercial Units. There is a full basement with 12' ceilings and a walk in fridge. Located just north of Nob Hill and Downtown San Francisco and near Chinatown and Fisherman's Wharf, North Beach is a popular tourist destination, but is equally favored by locals who appreciate its eclectic dining, lively nightlife, and diverse charm. Bus lines on nearby Stockton Street, Columbus Avenue and Union Street provide easy access to various parts of the City. This is a unique opportunity for investors to acquire a mixed-use asset with tremendous income upside potential in a great location.
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