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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.
Property Type(s):
Commercial
| Last Updated | 4/25/2025 | Year Built | 1952 |
|---|---|---|---|
| Community | Not Defined | County | San Mateo |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | Not Defined |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| LOT | 4666 sq ft |
| TAXES | 0 |
| WATER | Public |
| ZONING | CL00C2 |
Location
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Listed with Kinetic Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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