3055 Clement Street
Sales Price $1,195,000
3055 Clement is located in the Outer Richmond, on the border of Sea Cliff & Lincoln Park Golf Course and with easy access to Geary Blvd/California St. The new owner can continue to lease the retail space, or he/she might consider developing the lot for its highest and best use.
The remodeled corner building is being used as a dance studio - there's one large studio, which can be divided into two, and the one-car garage in the back of the property is being used as a second dance studio. The ceilings are soaring, and the space is grand. There is a small office and powder room in the property as well.
The current dance studio tenancy is month to month on a triple net lease at $3,500/month. There is also a billboard lease at $3,000/year (or $250/month). Per public records, the zoning is NC-1 in a 40-X Height & Bulk District. Potential buyers should verify all zoning restrictions & development opportunities of the lot to their own satisfaction.
Don't miss this interesting opportunity!