1583 Folsom St
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1583 Folsom St
9,600 SF Light Industrial Building San Francisco, CA 94103 £1,564,900 (£163/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
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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 | £740,245 |
| Land Assessment | £1,973,987 | Total Assessment | £2,714,231 |
PROPERTY TAXES
Parcel Number
3521-030
Land Assessment
£1,973,987
Improvements Assessment
£740,245
Total Assessment
£2,714,231
zoning
| Zoning Code | WMUG (Western SOMA Mixed Use General) |
| WMUG (Western SOMA Mixed Use General) |
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Seth McKinnon -
Power Broker Mark Geisreiter -
Josh Peterson -
Newmark
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1583 Folsom St
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