305 12th St
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305 12th St
6,753 SF Industrial Building San Francisco, CA 94103 £2,367,000 (£351/SF)
Investment Highlights
- Highly functional warehouse - 18’ clear-span - two roll-up doors.
- Surrounded by new residential – thousands of units within 0.5 mile radius.
- Large public garage less than one block from the property.
- Ideal owner-user opportunity - blank canvas ready for improvements.
- Drive-in access on two sides.
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 305 12th Street (the “Property”) - a one-story ±6,753 square foot warehouse building located in Downtown San Francisco.
The Property, with flexible Western SOMA MixedUse General zoning, is currently leased with the ability to be 100% vacant with 30 days’ notice making it an ideal owner-user opportunity. The high-ceiling warehouse features roll-up doors on each side, providing ingress/egress to both 11th and 12th Streets, with clear-span space throughout. 305 12th Street is a highly functional warehouse in an excellent Western SOMA location.
* Frontage with drive-in roll-up doors on both 11th and 12th Streets*
*Ceiling heights up to 18'*
**305 12th Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 1585 Folsom Street.**
The Property, with flexible Western SOMA MixedUse General zoning, is currently leased with the ability to be 100% vacant with 30 days’ notice making it an ideal owner-user opportunity. The high-ceiling warehouse features roll-up doors on each side, providing ingress/egress to both 11th and 12th Streets, with clear-span space throughout. 305 12th Street is a highly functional warehouse in an excellent Western SOMA location.
* Frontage with drive-in roll-up doors on both 11th and 12th Streets*
*Ceiling heights up to 18'*
**305 12th Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 1585 Folsom Street.**
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £2,367,000 | Rentable Building Area | 6,753 SF |
| Price Per SF | £351 | Number of Floors | 1 |
| Sale Type | Investment or Owner User | Year Built | 2003 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 18 ft |
| Building Class | C | Level Access Doors | 2 |
| Lot Size | 0.16 AC |
| Price | £2,367,000 |
| Price Per SF | £351 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.16 AC |
| Rentable Building Area | 6,753 SF |
| Number of Floors | 1 |
| Year Built | 2003 |
| Tenancy | Single |
| Clear Ceiling Height | 18 ft |
| Level Access Doors | 2 |
Amenities
- Commuter Rail
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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 | 3521-086 | Improvements Assessment | £498,264 |
| Land Assessment | £4,235,251 | Total Assessment | £4,733,515 |
PROPERTY TAXES
Parcel Number
3521-086
Land Assessment
£4,235,251
Improvements Assessment
£498,264
Total Assessment
£4,733,515
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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305 12th St
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