1170 Harrison St - Office FOR SALE


San Francisco, CA 94103
$20,000,000 USD
628-267-3981
1170 Harrison St, San Francisco, CA for Sale
$20,000,000 USD
Office - FOR SALE
1/26
null | Request Cap Rate

1170 Harrison St
San Francisco, CA 94103


HIGHLIGHTS

  • Rare opportunity to purchase a remodeled commercial asset, delivered vacant and open for an owner/user to purchase and use immediately.
  • Utilize the industrial amenities, like a drive-in door, 1,200 amps and 208 volts of 3-phase power, a sanitary HVAC system, and MERV 13 filters.
  • Value-add potential through lease-up of second-floor commercial space, existing currently in a white-shell condition.
  • Enjoy the penthouse roof deck, an exclusive space for collaboration and inspiration with San Francisco views, and an outdoor amenities space.
  • 1170 Harrison Street is an iconic neighborhood building with a historically significant façade permitted for 100% legal office use and PDR.
  • In an ideal SOMA location, immediately adjacent to the Interstate 80 and walking distance to 7th Street and Harrison Street MUNI.

OVERVIEW

Touchstone Commercial Partners and Transwestern are pleased to offer owners/users and investors an opportunity to purchase the fee simple interest in 1170 Harrison Street in San Francisco, California. This rare offering includes an approximately 26,067-square-foot, three-story office building with a rooftop terrace in the heart of SoMa, one of San Francisco’s most desirable neighborhoods. The unique property will be delivered vacant at the close of escrow, making this a perfect opportunity for a user or investor to purchase this unmatched site. 1170 Harrison Street is a one-of-a-kind office building that is the culmination of years of planning and design effort. This 1170 Harrison Street project involved the complete renovation and expansion of the historically significant San Francisco Galvanizing Works building, which was constructed in 1912 in the Art Modern design style. The building has been fully restored, expanded, and modernized for legal office or PDR (Production, Distribution, and Repair) use, giving new life to this distinctive industrial building and ensuring it will be preserved for decades to come. South of Market, locally known as SoMa historically has been an industrial neighborhood. Much of San Francisco’s industrial past existed within its blocks. But in recent years, the buildings and skyline have transformed into a diverse urban center full of not just industrial buildings but residences, offices, shops, and restaurants, too. SoMa has become a haven for entrepreneurs and inventors who want to create the next big idea. 1170 Harrison Street is the latest example of this transformation. What was once a multi-generation metal fabrication shop has been transformed into a world-class creative office building.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$767 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

WMUG

APN/PARCEL ID

3755-029

ASK ABOUT THIS PROPERTY

Zach HaupertTouchstone Commercial Partners, Inc.More Info
628-267-3981

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Zach HaupertTouchstone Commercial Partners, Inc.More Info
628-267-3981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.