REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,298,000
Est. payment | /mo
4,665 Sqft Lot
$ 1,298,000
Est. payment | /mo
4,665 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82004319
HOA Y/N No
Year Built 1952
Lot Size 4,665 Sqft
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 699 - Not Defined
Zoning CL00C2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Other
Present Use Residential
Total Parking Spaces 2
Building
Water Public
Others
Tax ID 012314020
Listed by Giovani Franco • Kinetic Real Estate