305 12th St 6,753 SF Industrial Building San Francisco, CA 94103 $3,000,000 ($444.25/SF)
INVESTMENT HIGHLIGHTS
- Highly functional warehouse - 18’ clear-span - two roll-up doors.
- Surrounded by new residential – thousands of units within 0.5 mile radius.
- Large public garage less than one block from the property.
- Ideal owner-user opportunity - blank canvas ready for improvements.
- Drive-in access on two sides.
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 305 12th Street (the “Property”) - a one-story ±6,753 square foot warehouse building located in Downtown San Francisco.
The Property, with flexible Western SOMA MixedUse General zoning, is currently leased with the ability to be 100% vacant with 30 days’ notice making it an ideal owner-user opportunity. The high-ceiling warehouse features roll-up doors on each side, providing ingress/egress to both 11th and 12th Streets, with clear-span space throughout. 305 12th Street is a highly functional warehouse in an excellent Western SOMA location.
* Frontage with drive-in roll-up doors on both 12th Street and Norfolk*
*Ceiling heights up to 18'*
**305 12th Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 1585 Folsom Street.**
The Property, with flexible Western SOMA MixedUse General zoning, is currently leased with the ability to be 100% vacant with 30 days’ notice making it an ideal owner-user opportunity. The high-ceiling warehouse features roll-up doors on each side, providing ingress/egress to both 11th and 12th Streets, with clear-span space throughout. 305 12th Street is a highly functional warehouse in an excellent Western SOMA location.
* Frontage with drive-in roll-up doors on both 12th Street and Norfolk*
*Ceiling heights up to 18'*
**305 12th Street is available for purchase as a standalone property or in conjunction with adjacent properties at 1583 Folsom Street and/or 1585 Folsom Street.**
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,000,000 |
| Price Per SF | $444.25 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.16 AC |
| Rentable Building Area | 6,753 SF |
| No. Stories | 1 |
| Year Built | 2003 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Commuter Rail
1 of 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 3521-086 | Improvements Assessment | $630,706 |
| Land Assessment | $5,361,009 | Total Assessment | $5,991,715 |
ZONING
| Zoning Code | WMUG (Western SOMA Mixed-Use General) |
