Newmark, as exclusive advisor, is pleased to extend to qualified owner users and investors the opportunity to acquire the 100% fee-simple interest in 2505 Mariposa Street (the “Property”) – a 13,845 square foot vacant R&D/office building in San Francisco’s Mission District. The recently renovated Property features two floors of functional high ceiling creative space, each with a mezzanine, served by a refreshed freight elevator. 2505 Mariposa can accommodate a variety of uses with an open ground floor with over-sized drive-in roll-up door and 17’ ceilings (PDR zoning) and a gorgeous second floor that has been legitimized for legal office use, a valuable rarity in this submarket.
To be delivered vacant, the Property was extensively renovated in 2021, allowing investors and owner-users to acquire a well-located move-in ready property at a compelling basis well below replacement cost. 2505 Mariposa benefits from an excellent Inner Mission District location, surrounded by nearby amenities and well-served by public transportation. It is two blocks from the Potrero Center (Safeway, 24-Fitness, Starbucks, Noah’s, Togo’s, Chase) and a 15-minute walk to the 16th Street BART Station and the dynamic Mission and Valencia Street retail corridors. 2505 also benefits from easy access to Mission Bay (Chase Center, UCSF Campus, OpenAI).