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Listed by Giovani Franco • Kinetic Real Estate
$1,298,000
Est. payment /mo
1,584 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $819
MLS Listing ID ML82004319
Year Built 1952
Lot Size 4,666 Sqft
Property Sub-Type Commercial Property
Property Description
Rare Mixed-Use Opportunity in the Heart of South San Francisco! Welcome to 231 Lux Avenue, a unique mixed-use property offering incredible potential for both investors and owner-users. This two-story building features a well-maintained 3-bedroom, 1-bathroom residential unit on the upper level, currently rented, providing steady income. The street-level commercial space is home to a long-standing and beloved Mexican restaurant, included in the sale. With nearly 40 years of success, this turnkey business offers a rare opportunity to continue a legacy or launch your own culinary vision. The sale also includes a beer and wine license (subject to conditions) and exclusive basement access for restaurant operations. Sitting on a large lot with dual street access, including entry from Tamarack Lane, the rear yard has been improved for outdoor dining or private events, seating approximately 40+ guests. Ideally located near Grand Avenue and Oyster Point, this property benefits from excellent exposure and proximity to biotech campuses, making it a sought-after dining destination for local professionals. Dont miss this chance to own a prime piece of South San Francisco real estate with live-work potential, income generation, and endless possibilities.
Location
State CA
County San Mateo
Area Old South Sf / Rocca
Zoning CL00C2
Interior
Heating Gas, Wall Furnace
Cooling Other
Exterior
Parking Features Common Parking Area
Utilities Available Public Utilities
Roof Type Other
Present Use Food Service,Mixed,Residential,Retail
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 012-314-020
Security Features Fire Alarm ,Fire System - Suppression
Special Listing Condition Not Applicable
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