1583 Folsom St 9,600 SF Flex Building San Francisco, CA 94103 £1,506,800 (£156.96/SF)
INVESTMENT HIGHLIGHTS
- Value-add / owner-user showroom office opportunity.
- Large public garage less than one block from the property.
- Surrounded by new residential – thousands of units within 0.5 mile radius.
- Functional and flexible various uses showroom and back office.
EXECUTIVE SUMMARY
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.*
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.*
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- 24 Hour Access
1 of 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 3521-030 | Improvements Assessment | £727,017 |
| Land Assessment | £1,938,712 | Total Assessment | £2,665,729 |
