1648 Pacific Ave. SAN FRANCISCO, CALIFORNIA. PRESENTED BY: Shaun Bloomquist Vice President Lic.

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1 1648 Pacific Ave. SAN FRANCISCO, CALIFORNIA Peter Mikacich Senior Vice President Lic PRESENTED BY: Shaun Bloomquist Vice President Lic

2 Offered at $7,350,000

3 Property Overview Building Information Address Product Type Building Area Stories Occupancy Year Built 1648 Pacific Ave., San Francisco, CA Retail and Office ±9,000 sq. ft. Ground floor, Mezzanine, Second floor, Penthouse, plus Basement 100% Owner Occupied 1916 (per public record) Site Summary Land Area 3,829 sq. ft. APN Zoning NCD Polk Neighborhood Commercial District Frontage 30 ft. (Pacific Avenue) Property Summary Colliers International as Exclusive Advisors to the Seller, are pleased to present the opportunity to acquire 1648 Pacific Avenue ( the Property ), an excellent owner-user or investor opportunity located at the confluence of Nob Hill, Pacific Heights, and Russian Hill, all highly desirable San Francisco neighborhoods. The Property consists of approximately 9,000 square feet over a Ground floor, Mezzanine, Second floor, Penthouse, and Basement levels. The Property has undergone significant infrastructure and cosmetic improvements. The building was designated, San Francisco Landmark #188, for its architectural and structural significance. It is also known as Engine Company No. 08, Truck Company No. 4. The Property includes a rear yard/patio, and the Penthouse boasts incredible views of the Golden Gate Bridge and San Francisco Bay. Currently, the building is owner-occupied and will be delivered free of any lease encumbrances. The Property is in close proximity to public transportation and the Van Ness corridor to the West, and bustling Polk Street with many popular bars, cafes, and restaurants, to the East. Building Improvements The current ownership has performed a complete upgrade and renovation to the Property. Capital improvements to the Property include: Complete seismic retrofit ADA compliant restrooms Installed elevator for ADA compliant access to Second floor PG&E power upgrade to an 800 Amp 3 Phase service Cosmetic renovations throughout, while preserving historical elements New electric and plumbing throughout Penthouse addition at 3rd level 1648 PACIFIC AVE COLLIERS INTERNATIONAL 1

4 P I HS Ground Floor Mezzanine REAR PATIO AREA (E) REAR YARD (N) MEZZANINE (N) KITCHEN *FUTURE* UNISEX ESSIBLE STROOM (N) STORAGE DN DN WOOD AND GLASS ENCLOSURE OPEN TO BELOW OPEN TO BELOW FIREPOLE (E) FIREPOLE (N) ELECTRICAL ROOM OPEN TO BELOW NEW 1 HOUR RATED ASSEMBLY LOBBY FOR 2ND FLOOR TENANT Pacific Avenue 2 COLLIERS INTERNATIONAL 1648 PACIFIC AVE

5 Second Floor Penthouse REAR YARD BELOW WOMEN' RESTROOM (N)MEN RESTROOM OFFICE NEW SKYLIGHT DN (N) KITCHEN *FUTURE* BATHROOM UN OCCIED ROOF (E) ATRIUM SPACE DN RESTROOM Pacific Avenue 1648 PACIFIC AVE COLLIERS INTERNATIONAL 3

6 Investment Overview PROJECTED INCOME AND EXPENSES Level Size $/sq. ft./yr Annual Rent Ground Floor (including Basement and Mezzanine) Second Level (including Penthouse) 5,000 sq. ft. $45/sq. ft. (Net) $225,000 4,000 sq. ft. $36/sq. ft. (I.G.) $144,000 Gross Income $369,000 Expenses -$40,000 Net Income $329, % $7,311,111 Price/sq. ft. $812 4 COLLIERS INTERNATIONAL 1648 PACIFIC AVE

7 Site Overview 1648 PACIFIC AVE COLLIERS INTERNATIONAL 5

8 Location Fisherman s Wharf/ Waterfront North Beach Marina Russian Hill Telegraph Hill D LOMBAR ERO Nob Hill Pacific Heights 1648 PACIFIC AVE 1648 PACIFIC AVE MERY E AY BROADW MONTGO HYDE POWELL POLK AVE 1648 PACIFIC IN FRANKL GOUGH FILLMOR DIVISAD 6 COLLIERS INTERNATIONAL BU S S VAN NES Cow Hollow CO LU M Jackson Sq./ Financial District COLLIERS INTERNATIONAL 7

9 Gallery Ground Floor Ground Floor Mezzanine 8 COLLIERS INTERNATIONAL 1648 PACIFIC AVE

10 Second Floor Second Floor Penthouse 1648 PACIFIC AVE COLLIERS INTERNATIONAL 9

11 1648 Pacific Avenue Engine Company No Peter Mikacich Senior Vice President peter.mikacich@colliers.com Lic Shaun Bloomquist Vice President shaun.bloomquist@colliers.com Lic COLLIERS INTERNATIONAL 101 Second Street, 11th Flr. San Francisco, CA