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1583 Folsom St 9,600 SF Flex Building San Francisco, CA 94103 $2,791,840 CAD ($290.82 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Value-add / owner-user showroom office opportunity.
  • Large public garage less than one block from the property.
  • Surrounded by new residential – thousands of units within 0.5 mile radius.
  • Functional and flexible various uses showroom and back office.

EXECUTIVE SUMMARY

As the exclusive advisor, Newmark is pleased to extend to qualified investors and owner-users the opportunity to acquire the 100% fee-simple interest in 1583 Folsom Street (the “Property”) - a two-story plus mezzanine and penthouse ±7,874 square foot showroom-office building located in Downtown San Francisco.
The Property, with flexible Western SOMA MixedUse General zoning, is currently 100% vacant making it an ideal owner-user opportunity. The building provides excellent Folsom Street identity and features large showroom windows on the ground floor; the second floor is built out as creative office space. This high-quality property is vacant and ready for a new owner’s vision.
Power: 400AMP, 3-phase, 120/240V
*1583 Folsom Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1585 Folsom Street and/or 305 12th Street.*

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,791,840 CAD
Price Per SF $290.82 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Showroom
  • Showroom
Building Class B
Lot Size 0.07 AC
Rentable Building Area 9,600 SF
No. Stories 2
Year Built 1946
Tenancy Single
Zoning WMUG - Western SOMA Mixed Use General

AMENITIES

  • 24 Hour Access
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
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 Number
3521-030
Land Assessment
$3,688,586 CAD
Improvements Assessment
$1,383,219 CAD
Total Assessment
$5,071,805 CAD
  • Listing ID: 34049131

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 1583 Folsom St, San Francisco, CA 94103

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