Bar Venue with Real Estate For Sale - Seller Carry up to $400,000; Type 48 & Entertainment License Included
RRC# 4744
Location: 1131 Polk Street, San Francisco
Asking Price: Confidential
Description:
Why rent when you can own a piece of San Francisco real estate. For qualified buyers, sba could provide a 25 year loan with as little as 15% down and the seller will consider also assisting with the downpayment with a loan of $400,000 at 3% interest over 5 years. Seize this excellent opportunity to acquire real estate in San Francisco with minimal upfront costs.
Experience the epitome of upscale entertainment and entrepreneurial opportunity with this remarkable venue nestled in the heart of San Francisco's vibrant Polk Corridor and trendy Polk-Gulch neighborhood. This extraordinary offering comprises a meticulously designed venue that can be used as a bar, event space or nightclub, boasting a coveted Type 48 Full Liquor License, a Full Entertainment License, and the accompanying real estate which is an impressive 3400 square feet between two floors. The space can be divided into two different locations, one using the street front door and the other using the side door giving flexibility for two concepts or dividing up for two events.
The venue, adorned with a Type 48 full liquor license and full entertainment license, caters to a spectrum of possibilities, from a sophisticated bar and lounge to a dynamic nightclub where live music can resonate until 2 a.m. Beyond its versatile licensing, this establishment has hosted a myriad of events, ranging from comedy shows, rehearsal dinners and extravagant birthday celebrations to corporate functions and business meetings. The venue's cutting-edge technological infrastructure seamlessly integrates with its aesthetically sophisticated surroundings, making it an ideal canvas for any imaginative concept. The newly constructed 2-story floor plan spans an expansive 3400 square feet, offering a generous space capable of accommodating up to 250 guests for a singular event. Impeccably equipped with surround sound, projectors, screens, and other essential assets to operate the bar and lounge including sound proofing. Additionally, the sale includes the retail space, occupying 3400 square feet in the bustling Polk Corridor, just a block from Van Ness. This strategic location enjoys high foot and vehicle traffic, courtesy of nearby hospitals and a thriving array of businesses, including bars, restaurants, bakeries, donut shops, and retail stores. The proximity to the 49 Rapid Van Ness Line which runs from The Mission to The Marina, #19 Muni bus line further enhances accessibility, connecting to Civic Center BART and various other Muni lines making the venue accessible from many San Francisco neighborhoods. Don't miss this unparalleled opportunity to own an iconic establishment at the crossroads of luxury entertainment and entrepreneurial success in San Francisco's dynamic landscape.
Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info Square Feet: 3,400
Seating: 250 Capacity
Parking: Street Parking and Public Parking Lot
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
General Info:
Ownership: Corporation
Established: 2023
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included, HOA Fees are $318.76
Facilities:
Licenses: ABC Type 48, Entertainment, Business and Health Permit
Days/Hours of Operation: 8am - 2pm Daily
