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50-60 Otis St
9,250 SF 100% Leased Flex Building San Francisco, CA 94103 $3,400,000 ($368/SF)
Investment Highlights
- At the Intersection Between South of Market, Hayes Valley, Van Ness Corridor and the Mission District
- Full HVAC System Incorporated in the Whole Building
- Large Windows On Two Sides Provide Ample Natural Light
- FLEXIBLE USES The Property Can Be Used By A Single User or Easily Divided Into A Multiple Tenant Property
- Walking Distance to Civic Center BART Station, Muni Light Rail and A Couple Blocks From Hwy 101 on-ramp
- Long Term Potential For Multifamily Residential Development Akin To Neighboring Properties
Executive Summary
The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on
Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
Property Facts
| Price | $3,400,000 | Lot Size | 0.11 AC |
| Price Per SF | $368 | Rentable Building Area | 9,250 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1920 |
| Property Subtype | R&D | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C |
| Price | $3,400,000 |
| Price Per SF | $368 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | R&D |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 9,250 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| No. Drive In / Grade-Level Doors | 1 |
Utilities
- Water - City
- Sewer - City
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Touchstone Commercial Partners is pleased to offer the opportunity to purchase or lease 50-60 Otis Street / 95 Brady Street, centrally located just a block away from the bustling Market Street and Van Ness Avenue intersection and only a few blocks from the Highway 101 on-ramp. The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
Touchstone Commercial Partners is pleased to offer the opportunity to purchase or lease 50-60 Otis Street / 95 Brady Street, centrally located just a block away from the bustling Market Street and Van Ness Avenue intersection and only a few blocks from the Highway 101 on-ramp. The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
Touchstone Commercial Partners is pleased to offer the opportunity to purchase or lease 50-60 Otis Street / 95 Brady Street, centrally located just a block away from the bustling Market Street and Van Ness Avenue intersection and only a few blocks from the Highway 101 on-ramp. The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Unit A | 3,400 SF | Flex | - | 30 Days |
| 1st Fl - Unit B | 1,226 SF | Flex | - | 30 Days |
| 2nd Fl - Second Fl | 4,626 SF | Flex | - | 30 Days |
1st Fl - Unit A
| Size |
| 3,400 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| 30 Days |
1st Fl - Unit B
| Size |
| 1,226 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| 30 Days |
2nd Fl - Second Fl
| Size |
| 4,626 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| 30 Days |
1st Fl - Unit A
| Size | 3,400 SF |
| Space Use | Flex |
| Condition | - |
| Available | 30 Days |
Touchstone Commercial Partners is pleased to offer the opportunity to purchase or lease 50-60 Otis Street / 95 Brady Street, centrally located just a block away from the bustling Market Street and Van Ness Avenue intersection and only a few blocks from the Highway 101 on-ramp. The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
1st Fl - Unit B
| Size | 1,226 SF |
| Space Use | Flex |
| Condition | - |
| Available | 30 Days |
Touchstone Commercial Partners is pleased to offer the opportunity to purchase or lease 50-60 Otis Street / 95 Brady Street, centrally located just a block away from the bustling Market Street and Van Ness Avenue intersection and only a few blocks from the Highway 101 on-ramp. The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
2nd Fl - Second Fl
| Size | 4,626 SF |
| Space Use | Flex |
| Condition | - |
| Available | 30 Days |
Touchstone Commercial Partners is pleased to offer the opportunity to purchase or lease 50-60 Otis Street / 95 Brady Street, centrally located just a block away from the bustling Market Street and Van Ness Avenue intersection and only a few blocks from the Highway 101 on-ramp. The property has been family owned and managed for multiple generations. For the last 15+ years it was 100% leased to an award-winning architecture firm with a national presence. Prior to that, it was split into three separate commercial units, with a roll up door on Otis Street. The local area has been transformed the last 5 years with several multi-family developments completed nearby including Chorus, a 416-unit high-end apartment complex, located two doors away from the 50-60 Otis that houses a 227-seat performance art venue called Chorus Hall. Although the subject property is currently ready to occupy for new tenants or an owner-user business, the property zoning does make this a prime corner residential development site in the future.
PROPERTY TAXES
| Parcel Number | 3505-021 | Improvements Assessment | $147,652 |
| Land Assessment | $97,681 | Total Assessment | $245,333 |
PROPERTY TAXES
zoning
| Zoning Code | NCT-3 (Moderate Scale Neighborhood Commercial Transit District) |
| NCT-3 (Moderate Scale Neighborhood Commercial Transit District) |
Presented by
50-60 Otis St
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