$4,500,000

Architecturally attractive mixed-use trophy corner building located in the heart of SF's Union Square/Financial District. It houses The Urban Hotel, a 3-story property licensed for 40 residential rooms & 18 tourist rooms. Currently there are only 14 tourist rooms in service for a total of 54 rooms. 4 of the rooms have been temporarily decommissioned for use as storage, office & lobby. The Urban Hotel is in excellent condition & well operated by Engage Hospitality, a talented & experienced operator. They have been managing 100% of the daily residential operations since 2017. The building includes over 8,100 square feet of prime retail space along Grant Ave, making it ideal for retail businesses seeking high visibility in a superb A+ location. The vacant corner space at 359 Grant Ave is just over 1,100 square feet with excellent signage. The beautiful two level retail space, 363 Grant Ave (over 7,000 square feet), is ideal for luxury retail shops, which was most recently occupied by Serge Sorokko Gallery & previously by American Apparel & West Coast Leather. This space is currently vacant. The retail spaces benefit from high tourist foot traffic filtering through the famous Dragon Gate. The building is flexible & well suited for a for a variety of buyers. Seismic work complete.