1401 & 1499 Illinois Street 2 Industrial Properties Offered at $38,000,000 in San Francisco, CA
INVESTMENT HIGHLIGHTS
- Rare Opportunity To Purchase a Move-In Ready, Vacant Industrial Complex with Office Space and Secured Parking / Yard
- Mix of Buildings Can Be Occupied by One User or Multiple Users
- Centrally Located in Popular Dogpatch Neighborhood, Directly Adjacent to I-280 On-Ramp
- Potential to Drive Rents Higher Through Renovation
- Ample Drive-In and Dock High Loading Doors
- Multiple Lots of Secured Yard w/ On-Site Parking
EXECUTIVE SUMMARY
Touchstone Commercial Partners is pleased to offer investors an opportunity to purchase the fee simple interest in 1401 & 1499 Illinois Street, San Francisco, CA 94107. The site consists of two (2) parcels. Parcel 1 is comprised of a warehouse building totaling approximately 6,194 square feet, located on approximately 43,500 square feet of land. Parcel 2 is comprised of three (3) warehouse buildings and associated office space totaling approximately 30,701 square feet, located on approximately 36,500 square feet of land. The two parcels total approximately 80,000 square feet of land on the corner of Illinois Street and 24th Street in the southern portion of The Dogpatch, directly adjacent to the I-280 on ramp. The mix of warehouse, office space and secured parking and yard caters to a variety of owner / users and investors looking to purchase property in an up and coming neighborhood in San Francisco.
PROPERTY FACTS
| Price | $38,000,000 |
| Price / SF | $1,030 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 36,895 SF |
| Total Land Area | 1.84 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1499 Illinois St, San Francisco, CA 94107 | Industrial | 6,194 SF | 1946 | - |
| 1401 Illinois St, San Francisco, CA 94107 | Industrial | 30,701 SF | 1947 | $18,000,000 |
