1585 Folsom St - R&D FOR SALE


San Francisco, CA 94103- Mission
$4,000,000 USD
415-694-9698
1585 Folsom St, San Francisco, CA for Sale
$4,000,000 USD
R&D - FOR SALE
1/12
null | Request Cap Rate

1585 Folsom St
San Francisco, CA 94103
Mission


HIGHLIGHTS

  • Functional and Flexible | Various Suite Sizes and Uses | Warehouse / Showroom / Back Office
  • Long-term Development Potential | Outstanding Multifamily Development Site
  • Core Downtown San Francisco Infill Location

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 1585 Folsom Street (the “Property”) a two-story plus mezzanine ±12,374 square foot showroom-office-flex building located in Downtown San Francisco. The Property, with flexible Western SOMA Mixed-Use General zoning, is currently 100% vacant making it an ideal owner-user opportunity. This full corner building provides excellent identity and features large showroom windows on both Folsom and 12th Streets. The ground floor has soaring 20’+ ceiling heights and good column spacing; the second floor is built out as office space. This high-quality property is vacant and ready for a new owner’s vision. - Ideal Owner-User Opportunity | Ready for Improvements - Functional and Flexible | Various Suite Sizes and Uses | Warehouse / Showroom / Back Office - Long-term Development Potential - Core Downtown San Francisco Infill Location | Surrounded by New Residential | 10 Minute Walk to Market / Van Ness | Abundant Nearby Parking | Highly Amenitized Neighborhood **1585 Folsom Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 305 12th Street.** Please visit our website to download the offering materials: https://www.nmrk.com/properties?propertyId=1585-folsom-street-san-francisco-1585-folsom-street-sale

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36

LAND SF

15,682

ZONING

Western SOMA MUG

APN/PARCEL ID

3521-027,3521-030

ASK ABOUT THIS PROPERTY

Seth McKinnonNewmarkMore Info
415-694-9698

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Seth McKinnonNewmarkMore Info
415-694-9698

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