1585 Folsom St
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1585 Folsom St
12,374 SF Vacant Flex Building San Francisco, CA 94103 $4,000,000 ($323/SF)
Investment Highlights
- Functional and Flexible | Various Suite Sizes and Uses | Warehouse / Showroom / Back Office
- Core Downtown San Francisco Infill Location
- Long-term Development Potential | Outstanding Multifamily Development Site
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 1585 Folsom Street (the “Property”) a two-story plus mezzanine ±12,374 square foot showroom-office-flex building located in Downtown San Francisco. The Property, with flexible Western SOMA Mixed-Use General zoning, is currently 100% vacant making it an ideal owner-user opportunity. This full corner building provides excellent identity and features large showroom windows on both Folsom and 12th Streets. The ground floor has soaring 20’+ ceiling heights and good column spacing; the second floor is built out as office space. This high-quality property is vacant and ready for a new owner’s vision.
- Ideal Owner-User Opportunity | Ready for Improvements
- Functional and Flexible | Various Suite Sizes and Uses | Warehouse / Showroom / Back Office
- Long-term Development Potential
- Core Downtown San Francisco Infill Location | Surrounded by New Residential | 10 Minute Walk to Market / Van Ness | Abundant Nearby Parking | Highly Amenitized Neighborhood
**1585 Folsom Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 305 12th Street.**
Please visit our website to download the offering materials: https://www.nmrk.com/properties?propertyId=1585-folsom-street-san-francisco-1585-folsom-street-sale
- Ideal Owner-User Opportunity | Ready for Improvements
- Functional and Flexible | Various Suite Sizes and Uses | Warehouse / Showroom / Back Office
- Long-term Development Potential
- Core Downtown San Francisco Infill Location | Surrounded by New Residential | 10 Minute Walk to Market / Van Ness | Abundant Nearby Parking | Highly Amenitized Neighborhood
**1585 Folsom Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 305 12th Street.**
Please visit our website to download the offering materials: https://www.nmrk.com/properties?propertyId=1585-folsom-street-san-francisco-1585-folsom-street-sale
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Mezzanine
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
First floor space available with flexible terms. Features concrete floors and a drive-in/drive-out door.
Second floor office space.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 15,557 SF | Flex | Partial Build-Out | Now |
| 2nd Floor | 13,045-14,443 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 15,557 SF |
| Space Use |
| Flex |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 13,045-14,443 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 15,557 SF |
| Space Use | Flex |
| Condition | Partial Build-Out |
| Available | Now |
First floor space available with flexible terms. Features concrete floors and a drive-in/drive-out door.
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2nd Floor
| Size | 13,045-14,443 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Second floor office space.
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,048,415 | |
| Land Assessment | $12,193,668 | Total Assessment | $15,242,083 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,193,668
Improvements Assessment
$3,048,415
Total Assessment
$15,242,083
zoning
| Zoning Code | Western SOMA MUG (Western SOMA Mixed-Use General (WMUG): low-scale, production, distribution, and repair (PDR) uses mixed with housing and small-scale retail.) |
| Western SOMA MUG (Western SOMA Mixed-Use General (WMUG): low-scale, production, distribution, and repair (PDR) uses mixed with housing and small-scale retail.) |
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1585 Folsom St
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