893 Folsom Street San Francisco, CA 94107 - 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.