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$600k Price Reduction | Flagship Building 1118-1120 Howard St 13,500 SF 50% Leased Office Building San Francisco, CA 94103 $4,208,874 CAD ($311.77 CAD/SF) 6.44% Cap Rate
Investment Highlights
- Conveniently located near major regional transportation routes, supporting efficient access throughout San Francisco and the Bay Area.
Executive Summary
Priced To Sell, 1118 Howard St offers owner-users and investors an opportunity to purchase a flagship building. This building offers 2 commercial units one per floor, with 2 commercial retail spaces on the ground floor. Situated in the heart of San Francisco’s thriving South of Market (SoMa) district. The approximately 13,500-square-foot building, originally constructed in 1926, offers a unique ownership opportunity. The building is priced at $221/Sq Ft! An attractive 6.44% cap rate, 11.1 GRM, with a proforma gross rent of $270,000 per year! Come tour this turnkey asset today!
Disclosures: https://app.disclosures.io/link/1118-Howard-Street-7mom3z5b
Disclosures: https://app.disclosures.io/link/1118-Howard-Street-7mom3z5b
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
13,500 SF
Building Class
C
Year Built
1925
Price
$4,208,874 CAD
Price Per SF
$311.77 CAD
Cap Rate
6.44%
NOI
$271,051 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,500 SF
Building FAR
3.10
Lot Size
0.10 AC
Zoning
SLR - Industrial, R&D and Office
Amenities
- 24 Hour Access
1 1
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 3727-010 | Improvements Assessment | $809,040 CAD |
| Land Assessment | $1,887,776 CAD | Total Assessment | $2,696,816 CAD |
Property Taxes
Parcel Number
3727-010
Land Assessment
$1,887,776 CAD
Improvements Assessment
$809,040 CAD
Total Assessment
$2,696,816 CAD
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$600k Price Reduction | Flagship Building | 1118-1120 Howard St
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