1665 Folsom ST Pending

San Francisco,CA 94103

$ 588000

- Bed

2 Baths

3506 SqFt


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

Year Built 1970

Lot Size 1,860 Sqft

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

Exterior

Utilities Available Natural Gas Connected

Building

Lot Description Neighborhood,Near Public Transit

Sewer Public Sewer

Water Public

New Construction No

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