Storefronts: Mission Housing commercial spaces
Commercial spaces attract business tenants, generate funds for resident and community services
The economic vitality of the Mission and other SF neighborhoods is strengthened by small business enterprises operating in the ground floor commercial spaces of Mission Housing Development Corporation residential properties.
The rental/lease terms offered by Mission Housing attract a wide variety of businesses to lease office or retail commercial spaces — from nonprofits to restaurants to hair salons. These mixed-use locations can be found in high traffic areas of the Mission District, South Park and Mission Bay — the neighborhood that includes AT&T Park.
Revenue from commercial spaces creates unique benefits
A substantial portion of Mission Housing commercial rent income helps support the resident and community services provided at each apartment building. This additional revenue helps keep Mission Housing Resident Services remain self-funded — leaving grants and other funding sources available to other San Francisco organizations. The market-rate commercial spaces help Mission Housing provide below market rate opportunities for smaller commercial and nonprofit tenants.
For more info about leasing commercial space from Mission Housing Development Corporation, connect with Sam Moss.
VIEW: “Storefronts: Doing Business in the Mission”, a documentary film profiling the San Francisco small businesses and community-serving nonprofits that are stabilized by leasing commercial space from Mission Housing Development Corporation.
To download this PDF right-click HEREcommercial-spaces-infographic-2016