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Bayview Industrial Warehouse Condominium

1190 Shafter Avenue #A San Francisco, CA 94124

1190 Shafter Avenue #A, San Francisco, CA, 94124
$650,000
For Sale
Claim this Listing
$650,000

Industrial warehouse condo in San Francisco's Bayview District.

Property Size1,875 SF
Lot Size0.04 Acres
Price / SF$346.67
AddedJan 24
Days on Market171
Last RefreshApr 5 at 9:08 pm

Property Features for 1190 Shafter Avenue #A

General Information

Standard status
Active
Size
1,875 SF
Lot size
0.04 Acres
Property subtype
Commercial

Building Details

Year Built
1988

Listing office COMPASS COMMERCIAL

Listing date Jan 24, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of COMPASS COMMERCIAL


Investment Insights

Based on property information with market context.

This industrial warehouse condominium, located in San Francisco's Bayview District, was built in 1988. The property provides approximately 1,875 square feet of warehouse space, along with a bonus mezzanine level. The space features an open work area and a roll-up door. The zoning is PDR-1-B, allowing for a wide range of permitted uses. Situated in a well-established industrial area, the property benefits from close proximity to major freeways and convenient access to San Francisco's industrial corridors. This property is well-suited for a variety of industrial and operational uses and presents an excellent opportunity for both investors and owner-users.

Key Highlights

  • Approximately 1,875 sq ft industrial warehouse condominium in San Francisco's Bayview District.
  • PDR‑1‑B zoning allows for a wide range of permitted uses.
  • Features an open work area and roll‑up door.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.6k $27.00
− Vacancy −$5.1k −$2.70
EGI $45.6k $24.30
− OpEx −$6.8k −$3.65
NOI $38.7k $20.66
1,875 SF · lease $27.00/SF/yr · vacancy 10.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$553.3K
$484.1K – $645.5K (±1% cap)
NOI $38,728 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$455.6K
$398.7K – $531.6K (±1% cap)
NOI $31,894 @ 7.0% cap · market cap 4.91%
Theoretical Best
Specialty Retail
$9.16M
$8.01M – $10.69M (±1% cap)
NOI $641,102 @ 7.0% cap · market cap 98.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Pharmacy Skin Care Clinic Grocery & Convenience Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Envision Cold Storage — 1600 Donner Ave, San Francisco, CA 94124
  • Celtic Moving & Storage — 1290 Egbert Ave, San Francisco, CA 94124
  • Pat Ryan Moving & Storage — 1351 Egbert Ave, San Francisco, CA 94124
  • Celtic Moving & Storage — 1480 Donner Ave, San Francisco, CA 94124
  • Cunningham Moving and Storage — 1250 Van Dyke Ave, San Francisco, CA 94124

FAQs

What type of property is this?
Warehouse - Industrial warehouse condo in San Francisco's Bayview District.
Where is this warehouse located?
The property is located at 1190 Shafter Avenue #A San Francisco, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 1,875 sq ft industrial warehouse condominium in San Francisco's Bayview District.; PDR‑1‑B zoning allows for a wide range of permitted uses.; Features an open work area and roll‑up door.
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