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1170 Harrison St
26,067 SF 4-Star Office Building San Francisco, CA 94103 $20,000,000 ($767/SF)
Investment Highlights
- Rare opportunity to purchase a remodeled commercial asset, delivered vacant and open for an owner/user to purchase and use immediately.
- Value-add potential through lease-up of second-floor commercial space, existing currently in a white-shell condition.
- 1170 Harrison Street is an iconic neighborhood building with a historically significant façade permitted for 100% legal office use and PDR.
- Utilize the industrial amenities, like a drive-in door, 1,200 amps and 208 volts of 3-phase power, a sanitary HVAC system, and MERV 13 filters.
- Enjoy the penthouse roof deck, an exclusive space for collaboration and inspiration with San Francisco views, and an outdoor amenities space.
- In an ideal SOMA location, immediately adjacent to the Interstate 80 and walking distance to 7th Street and Harrison Street MUNI.
Executive Summary
1170 Harrison Street is a one-of-a-kind office building that is the culmination of years of planning and design effort. This 1170 Harrison Street project involved the complete renovation and expansion of the historically significant San Francisco Galvanizing Works building, which was constructed in 1912 in the Art Modern design style. The building has been fully restored, expanded, and modernized for legal office or PDR (Production, Distribution, and Repair) use, giving new life to this distinctive industrial building and ensuring it will be preserved for decades to come.
South of Market, locally known as SoMa historically has been an industrial neighborhood. Much of San Francisco’s industrial past existed within its blocks. But in recent years, the buildings and skyline have transformed into a diverse urban center full of not just industrial buildings but residences, offices, shops, and restaurants, too. SoMa has become a haven for entrepreneurs and inventors who want to create the next big idea. 1170 Harrison Street is the latest example of this transformation. What was once a multi-generation metal fabrication shop has been transformed into a world-class creative office building.
Sale Flyer
Property Facts
Amenities
- Roof Terrace
- High Ceilings
- Natural Light
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Newly renovated legal office/ PDR space for lease. Entirely new foundation and steel frame floors inside historic shell.
Newly renovated legal office/ PDR space for lease. Entirely new foundation and steel frame floors inside historic shell.
Newly renovated legal office/ PDR space for lease. Entirely new foundation and steel frame floors inside historic shell.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 11,404 SF | Office | Full Build-Out | Now |
| 2nd Floor | 9,940 SF | Office | Full Build-Out | Now |
| 3rd Floor | 4,723 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 11,404 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 9,940 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 4,723 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 11,404 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Newly renovated legal office/ PDR space for lease. Entirely new foundation and steel frame floors inside historic shell.
2nd Floor
| Size | 9,940 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Newly renovated legal office/ PDR space for lease. Entirely new foundation and steel frame floors inside historic shell.
3rd Floor
| Size | 4,723 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Newly renovated legal office/ PDR space for lease. Entirely new foundation and steel frame floors inside historic shell.
About South of Market
The South of Market (SoMA) district in San Francisco’s core is one of the most accessible and business-friendly areas of the city. The neighborhood has a distinctive culture and is home to many of the Bay Area’s tech startups. The area’s historic low-rise, brick-and-timber buildings and creative office spaces with open floorplans and exposed ceilings are desirable and in strong demand.
The neighborhood is accessible from four primary BART stations in downtown San Francisco. CalTrain from the South Bay terminates at the southern edge of the neighborhood, and the Central Subway Project improved access to the area upon its opening in 2022. The neighborhood has plenty of options for those commuting in for work, and thousands of new apartment and condo units have been developed recently, providing new residential options for employees working in the neighborhood.
Community benefits in the SoMa neighborhood are both diverse and abundant, capturing the best of what San Francisco has to offer. As one of the busiest commuter areas of San Francisco, SoMa boasts numerous restaurants and eateries catering to people working in the neighborhood. Yerba Buena Gardens and Moscone Center, along with the nearby Salesforce Park atop the Transit Center, provide pleasant outdoor destinations. Other attractions within walking distance of SoMa include several museums, the Embarcadero and Ferry Building, San Francisco Giants’ Oracle Park, and Union Square. Located in the heart of what is now being termed “Area AI”, the neighborhood is highly attractive to tech tenants in the fast-growing artificial intelligence sector.
DEMOGRAPHICS
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Extreme Pizza | Pizza | $$$ | 203 min walk |
| Cellarmaker Brewing Co | Sandwiches | $$ | 7 min walk |
| Starbucks | Cafe | $ | 10 min walk |
| Saffron 685 Mediterranean Turkish Cuisine | Mediterranean | $$ | 10 min walk |
| Eat Sushi | Sushi | - | 11 min walk |
| Krispy Krunchy Chicken | - | - | 11 min walk |
| Coffee Mines | - | $ | 11 min walk |
| Subway | - | - | 13 min walk |
| Peet's Coffee And Tea | Cafe | - | 13 min walk |
| The Flying Falafel | Vegan | $$$ | 14 min walk |
Retail |
||
|---|---|---|
| Cole's Hardware | Hardware | 5 min walk |
| Trader Joe's | Supermarket | 7 min walk |
| Club Pilates | Fitness | 8 min walk |
| Costco Wholesale | Wholesale Club | 9 min walk |
| REI | Sporting Goods | 8 min walk |
| Total Wine & More | Liquor | 12 min walk |
| Target | Dept Store | 13 min walk |
| Best Buy | Consumer Electronics | 12 min walk |
| Walgreens | Drug Store | 13 min walk |
| Whole Foods Market | Supermarket | 14 min walk |
Hotels |
|
|---|---|
| Ascend Collection |
33 rooms
3 min drive
|
| Trademark Collection by Wyndham |
16 rooms
4 min drive
|
PROPERTY TAXES
| Parcel Number | 3755-029 | Improvements Assessment | $5,611,695 |
| Land Assessment | $5,177,121 | Total Assessment | $10,788,816 |
PROPERTY TAXES
Sale Advisors
Sale Advisors
Zach Haupert, Broker
Trevor Gudim, Broker
-
Power Broker Zach Haupert -
Michael Sanberg -
Trevor Gudim -
Touchstone Commercial Partners, Inc.
Presented by
1170 Harrison St
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