About 740 Washington Street
740-742 Washington Street is a distinguished three-story commercial building nestled in the historic Chinatown of San Francisco. The Property is a prime location directly facing Portsmouth Square, which is currently undergoing a $66 million enhancement project. Conveniently, the property is within walking distance of both the Financial District and Union Square, with accessible public transit options. Per tax records, the property spans 10,229 square feet, resting on a 3,764-square-foot lot. It features a ground-floor commercial unit with a spacious basement. Additionally, the upper two floors, already city-approved for conversion, offer the potential for two expansive residential units. Identified by APN 0194-009, the property falls under CVR zoning, designated for Chinatown Visitor Retail. This property stands as an exceptional investment opportunity, ripe with redevelopment potential, appealing to imaginative investors seeking a foothold in San Francisco's dynamic market.
