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457 Minna St

7,510 SF Vacant Light Industrial Building San Francisco, CA 94103 £2,980,758 (£397/SF)

Investment Highlights

  • 457 Minna Street is a well-maintained commercial asset boasting an unbeatable location in the transit-rich San Francisco Market.
  • Well-positioned between 5th Street and 6th Street, the property sits within a six-minute walk to BART transit lines and a five-minute drive to I-80.
  • Rare opportunity to acquire a move-in ready commercial building with significant upside through leasing or occupying the vacant space.
  • With 5,625 square feet of secure yard space, 457 Minna Street provides optionality for staging, receiving, parking, and more.
  • The property boasts a 160-foot height limit, offering additional potential upside potential for investors with future development ambitions.
  • Ideally located directly adjacent to the new 5M Project, a high-profile urban redevelopment project underway in the desirable SoMa neighborhood.

Executive Summary

457 Minna Street is a 7,510-square-foot flex building located in the heart of the bustling SoMa District in San Francisco. Constructed in 1944 on 0.25 acres and renovated in 2013, the property offers flexible zoning in the C-3-S Downtown Support District which allows for a range of institutional, housing, retail, industrial, and secondary office uses. 457 Minna Street is well-configured to accommodate businesses across a variety of industries. The highly adaptable building features two levels of modern office space and a secure, fenced parking lot. The upper-level office is designed with vaulted exposed ceilings and expansive skylights providing an innovative atmosphere flooded with excessive natural lighting. Modern glass meeting rooms, polished concrete floors, private offices, and conference rooms complete the mold of 457 Minna Street’s modern space.

457 Minna Street presents a unique opportunity to acquire a flexible commercial asset with an adaptable layout in one of San Francisco’s most desirable districts. The move-in ready property extends significant potential for owner-users and investors alike. Whether occupying the space to grow one’s business or securing a credit-worthy tenant in a robust market, 457 Minna Street is a crucial acquisition.

SoMa, also known as South Market, is a large industrial district scattered with art galleries, loft apartments, swanky hotels, office buildings, diverse eateries, and upscale nightlife hotspots. The neighborhood offers something for everyone, from major sports stadiums to museums to business hubs. Bordered by Downtown San Francisco, Mission District, and South Beach, residents, visitors, and employees in the area have access to the city’s most iconic amenities. SoMa is bounded by Interstate 80 and US 101, making commuting and traveling throughout the Bay Area by vehicle a breeze. Major demand drivers in the neighborhood include Moscone Center, Yerba Buena Center for the Arts, Yerba Buena Gardens, San Francisco Museum of Modern Art, Oracle Park, and more.

Positioned as one of the most recognizable cities in the world, San Francisco highlights an attractive and affluent demographic profile. There are approximately 315,000 residents within a two-mile radius of 457 Minna Street, boasting an average household income of $155,000. Around 60% of the population have achieved a bachelor’s degree or higher, showcasing the area’s highly educated talent pool. As one of the country's most sought-after metropolitan areas for residents, businesses, and employees, San Francisco is a prime location for new investment, offering a diverse economy and abundant resources to support new and growing businesses.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Attachments

457_Minna_OM

Property Facts

Price £2,980,758
Price Per SF £397
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype Light Manufacturing
Building Class C
Lot Size 0.20 AC
Rentable Building Area 7,510 SF
Number of Floors 2
Year Built 1944
Parking Ratio 5.33/1,000 SF

Amenities

  • Security System
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3725-068
  • 3725-069
  • 3725-070
  • 3725-071
Land Assessment
£8,009,927
Improvements Assessment
£0
Total Assessment
£8,009,927

zoning

Zoning Code C-3-S (Downtown Support District)
C-3-S (Downtown Support District)
  • Listing ID: 30308299

  • Date on Market: 07/12/2023

  • Last Updated:

  • Address: 457 Minna St, San Francisco, CA 94103

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