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Listed by Tim Hawko Park North Real Estate
$588,000
Est. payment /mo
2 Baths
3,506 SqFt
UPDATED:
11/21/2024 08:35 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $167
MLS Listing ID 424045100
HOA Y/N No
Year Built 1970
Lot Size 1,860 Sqft
Acres 0.0427
Property Description
Two Level, over 3500 SQUARE FT. Commercial Building in PRIME SOMA neighborhood is offered at FABULOUS 7.5 Times Gross Rent Multiplier and AMAZING super low, $167 per SQUARE FOOT. Even better, this 1665 Folsom Street parcel is now available for purchase with adjoining 1669, 1675, & 1655 Folsom Street parcels. For BEST PRICE of all, add available nearby s/s buildings #39 Isis and 60 13th Street. This is a MASSIVE opportunity for Owner Occupier, BUILDER/Developer, and/or Investor to grab a solid SIX PARCEL Portfolio! This Bldg. currently rented month to month at $6500. The rent includes use of 50% of next-door parking lot. The business is not included in real property sale. Please do not disturb the tenants. Per the SF Planning Website, zoning is Residential Enclave District. Per SF Tax Record, zoned IND-NEC. This property was valued in 2020 by a top SF Commercial Real Estate Appraiser for $2,100,000. Now on the market at low FANTASTIC PRICE of $588,000.!
Location
State CA
County San Francisco
Area Sf District 9
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Total Parking Spaces 6
Building
Lot Description Neighborhood, Near Public Transit
Sewer Public Sewer
Water Public
Level or Stories See Remarks
New Construction No
Others
Tax ID 3522062
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870