1583 Folsom St - Showroom FOR SALE


San Francisco, CA 94103
$2,000,000 USD
415-445-5137
1583 Folsom St, San Francisco, CA for Sale
$2,000,000 USD
Showroom - FOR SALE
1/4
null | Request Cap Rate

NEW


1583 Folsom St
San Francisco, CA 94103


HIGHLIGHTS

  • Value-add / owner-user showroom office opportunity.
  • Surrounded by new residential – thousands of units within 0.5 mile radius.
  • Large public garage less than one block from the property.
  • Functional and flexible various uses showroom and back office.

OVERVIEW

As the exclusive advisor, Newmark is pleased to extend to qualified investors and owner-users the opportunity to acquire the 100% fee-simple interest in 1583 Folsom Street (the “Property”) - a two-story plus mezzanine and penthouse ±7,874 square foot showroom-office building located in Downtown San Francisco. The Property, with flexible Western SOMA MixedUse General zoning, is currently 100% vacant making it an ideal owner-user opportunity. The building provides excellent Folsom Street identity and features large showroom windows on the ground floor; the second floor is built out as creative office space. This high-quality property is vacant and ready for a new owner’s vision. Power: 400AMP, 3-phase, 120/240V *1583 Folsom Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1585 Folsom Street and/or 305 12th Street.*

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07

LAND SF

3,153

ZONING

WMUG

APN/PARCEL ID

3521-030

ASK ABOUT THIS PROPERTY

Seth McKinnonNewmarkMore Info
415-445-5137

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Seth McKinnonNewmarkMore Info
415-445-5137

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