231 Lux Avenue, South San Francisco, CA 94080 (MLS # ML82033488)
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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. Don't miss this chance to own a prime piece of South San Francisco real estate with live-work potential, income generation, and endless possibilities.
| DAYS ON MARKET | 2 | LAST UPDATED | 2/2/2026 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | 699 - Not Defined |
| COUNTY | San Mateo | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 699 - Not Defined |
| HEAT | Wall Furnace |
| LOT | 4665 sq ft |
| LOT DIMENSIONS | 4666 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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