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Note
South of Market Value Add / Reposition Opportunity
Listing was updated at: 09/21/2018
Property Overview
Price/Rent PSF $ 10,800,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 26,162
Date Available 09/21/2018
Additional URL Link
Floors 3
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Description

Location
Great location in the South of Market district.

Sale
Excellent Value Add Opportunity to reposition this property and take advantage of the excellent South of Market fundamentals. Western Mixed Use General zoning offers a variety of potential future uses including light industrial, wholesale distribution, arts production / performance/exhibition activities, general commercial / retail and personal services. This property carries a historic resource being built in 1931 with solid reinforced concrete construction.

This industrial building with ±6,900 square foot floorplates also has 15’ high ceilings on the ground floor and 13.5’ high ceilings on the 2nd and 3rd floors, served by a large freight elevator. 2 Large Drive-in doors.

Additionally, atop the property a metal penthouse with roof access/roof deck potential with excellent views.

Verizon cell tower on roof provides income as well as a month to month tenant occupying a portion of the 1st floor.

Location

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