161 Starlite, located in the thriving commercial area of South San Francisco, presents a compelling investment opportunity. This multi-tenant 64,103 SF industrial building sits on an expansive 2.14-acre lot in the path of progress. The building, divided into three units, provides rare dock high and grade level loading. New T5L zoning allows for various commercial uses and valuable dense residential development. With one 30,695 SF unit vacant, representing almost 50% of the total square footage, it is an excellent owner user candidate. Investors have immediate upside potential to lease out the vacant space, and roughly 2.5 years to re-lease the occupied units or reposition the asset. Rarely does an asset provide for immediate increased revenue stream plus development potential. The property's prime location, combined with its flexible zoning, makes it an appealing choice for investors aiming to capitalize on South San Francisco's expanding economy and demand for commercial or mixed-use projects.