Office Space For Sale

Entire Building in SOMA For Sale

893 Folsom Street

San Francisco, CA South of Market Office Space >> San Francisco

Starboard TCN Worldwide, as an exclusive advisor, is pleased to present the opportunity to purchase 893 Folsom in San Francisco, located on the Folsom Street Corridor in SOMA. This asset is in an ideal centrally located from the up and coming Central Subway connecting CALTRAIN to BART. Currently divided into 3 separate suites, 893 Folsom provides an opportunity for an investor to diversify its tenant roster and adapt to potential tenants' needs. This property sits on an 8,500 square foot lot which also allows for future development for housing, office, mixed-use, hotel - the possibilities are endless.

PRICE UPON REQUEST

The property is listed without a sales price, offers will be taken as they come. Lease information is available with a signed Confidentiality Agreement.


Entire Building

Entire Building (893 Suite A, Suite B, and 188 Shipley)
  • Square Ft. Approx. 12,293 Total SF
  • Lot: Approx. 8,500 SF
  • Zoning: MUR
  • Height: 85 Ft/45 Ft on the back

  • General Highlights
  • Unprecedented location in the heart of SOMA
  • Strong lease with breather on a portion of the space and allows for immediate upside by releasing the additional two suites
  • Interest rates are near all-time lows
  • Future development opportunity down the road

  • 893 Folsom Suite A
  • Tenant: Breather
  • Square Ft: +/- 3,942 SF
  • Lease Expiration: August 31st, 2023
  • Lease Rate: Upon Request

  • Suite A Highlights
  • Great window line at the front of the building
  • Roll-Up door
  • High ceilings w/track lighting
  • Private office/conference room
  • ADA accessible on the ground floor only
  • ADA Bathroom
  • Mezzanine - 2 private/conference rooms
  • Kitchenette - modern cabinetry center island cement polished floor
  • Ample natural light throughout
  • Original hardwood floors throughout
  • HVAC

  • 893 Folsom Suite B
  • Tenant: VACANT
  • Square Ft: +/- 4,273 SF
  • Lease Rate: Negotiable
  • Suite B Highlights
  • Great window line at the front of the building
  • High ceilings w/track lighting
  • Mezzanine
  • Great natural light throughout building due to large skylights

  • 188 Shipley Street
  • Tenant: VACANT
  • Square Ft: +/- 3,600 SF
  • Lease Rate: Negotiable
  • 188 Shipley Highlights
  • Entire separate building
  • Newly renovated suite with polished concrete floors and new lighting
  • Open area on ground floor
  • 1 Bathroom ground floor
  • 2 Bathrooms on 2nd floor one with shower
  • Private office/conference room
  • Modern Kitchenette
  • Tiled entryway
  • Wood flooring ground floor area, stairway, and 2nd floor throughout

  • Development Opportunity
  • Initial studies indicate that YOU CAN BUILD APPROXIMATELY 51,120 SQUARE FEET ON THE PROJECT by right with an increase in size using the CA density bonus.
  • This allows for UP TO 70 UNITS ON SITE BY RIGHT WITH 100 OR MORE UNITS by instituting increased height depending on the size of each of the units.
  • Please consult an architect and land use attorney on this.
  •  

    Highlights

    • Square Ft.: 12,293
    • Sale Price : Upon Request


    Craig Hansson

    Craig Hansson
    craig@starboardnet.com
    BRE# 01841643

    Hans Hansson

    Hans Hansson
    hans@starboardnet.com
    BRE# 00872902

    Contact Agent

     

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