Colliers Sells Prime Hayes Valley Property

SAN FRANCISCO, CA -- (8/16/24) -- Colliers International Facilitates the Sale of 501 Hayes Street, a Landmark Property in San Francisco's Vibrant Hayes Valley

Colliers International is proud to announce the successful sale of 501 Hayes Street, a distinguished mixed-use property located in the heart of San Francisco’s Hayes Valley neighborhood. This sale represents a unique opportunity in one of the city’s most sought-after districts, known for its blend of culture, cuisine, and community.

Prime Location in the Heart of Hayes Valley

501 Hayes Street is more than just a property; it’s a cornerstone of the Hayes Valley neighborhood, a vibrant and trendy area renowned for its eclectic mix of boutiques, high-end restaurants, and lively nightlife. Situated adjacent to Patricia’s Green, a popular public space along Octavia Boulevard, the property offers an unparalleled location that combines the charm of urban living with the tranquility of a community-centered environment.

Hayes Valley is one of San Francisco’s premier destinations, with a rich cultural backdrop that includes proximity to iconic venues like Davies Symphony Hall and the War Memorial Opera Plaza. This cultural hub is a magnet for both residents and visitors, contributing to the neighborhood’s dynamic and sophisticated atmosphere.

A Unique Investment Opportunity

The property at 501 Hayes Street is a pride of ownership, 18-unit mixed-use corner apartment building. It comprises four (4) studios, twelve (12) one-bedroom apartments, and two (2) commercial units, offering a diversified income stream and significant investment potential. The commercial units are currently occupied by Hazie’s, a contemporary bar and restaurant known for its vibrant atmosphere, and Miette Patisserie & Confiserie, a critically acclaimed French pastry shop celebrated for its high-quality offerings.

Recent upgrades to the property, including a seismic retrofit, exterior paint, new electrical service, and ADA compliance for the commercial spaces, have enhanced its appeal and functionality. These improvements, coupled with the building’s prime location, make 501 Hayes Street an attractive asset with significant upside potential through future rent increases and unit turnover.

Hayes Valley: A Thriving Retail and Cultural Hub

Hayes Valley has long been celebrated for its thriving retail scene, with a mix of independent boutiques, luxury brands, and innovative culinary spots. The neighborhood’s walkable streets are lined with stylish storefronts, making it a favorite destination for shoppers and diners alike. The area’s retail landscape is continually evolving, attracting new businesses that contribute to the neighborhood’s vibrant character.

In addition to its retail and dining options, Hayes Valley’s proximity to major transportation routes and several Muni bus lines enhances its appeal for residents and commuters. The neighborhood’s accessibility, combined with its cultural and commercial offerings, positions it as one of San Francisco’s most desirable areas to live, work, and invest.

For Additional Information or To Learn About Our Team Services, Please Contact:

Dustin Dolby: [email protected] | (415) 288.7869

Website: www.theDLteam.com