Versatile Commercial/Industrial Property Near
For Sale
Contact for pricing
1580 Folsom Street, San Francisco, CA 94103
Adaptable commercial/industrial property with flexible workspace and excellent access.
Property Size2,922 SF
Days on Market263
Property Features for 1580 Folsom Street
General Information
Standard status
Active
Size
2,922 SF
Property subtype
Comm Ind For Sale
Site & Location
Neighborhood
South of Market
Building Details
Building Size
2,922 SF
Year Built
1948
Listing Agency:
Kinetic Real Estate
Listed By:
Giovani Franco, · License #01947016
(650) 296-3880
Source:
Redoakrealty
Added: Feb 11
Changed: Oct 31
Last Checked: Oct 30 at 9:42PM
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 Kinetic Real Estate
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Investment Insights
Based on property information with market context.
This versatile commercial/industrial property is centrally located near Folsom Street and 12th Street, offering access to major freeways and surrounding neighborhoods. The building includes a spacious ground-level area with roll-up doors and ample clearance, suitable for vehicle storage, light industrial use, or flexible workspace, with room to accommodate multiple vehicles. A mezzanine level provides additional space for storage or operational use. The lower level features a half bathroom. The upper floor is built out with three private offices and multiple bathrooms, including one with a shower. The property has supported industrial and food-related operations. The roof has been recently replaced. The property is designed for efficiency and growth. The bike score is 99, the walk score is 99, and the transit score is 100.
Key Highlights
- Prime central location near Folsom and 12th Street with excellent freeway access.
- Versatile space suitable for commercial/industrial use, vehicle storage, or flexible workspace.
- Functional layout with ground‑level area featuring roll‑up doors and ample clearance, plus a mezzanine and upper‑floor offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,703
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$994,060
$994.1K
Cap Rate 7%
$710,043
$710.0K
Cap Rate 9%
$552,256
$552.3K
Market Conditions
NOI Build-Up for 2,922 SF
Gross rent
$78.9K $27.00/SF
− Vacancy
−$7.9K −$2.70/SF
EGI
$71.0K $24.30/SF
− OpEx
−$21.3K −$7.29/SF
NOI
$49.7K $17.01/SF
Area
San Francisco, CA
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$994,060
Cap Rate 7%
$710,043
Cap Rate 9%
$552,256
Alternative Uses
Best Use
Industrial
$710.0K
$621.3K – $828.4K
NOI $49,703 @ 7.0% cap · market cap 3.31%
Second Best
Flex RnD
$691.9K
$605.4K – $807.2K
NOI $48,432 @ 7.0% cap · market cap 3.23%
Theoretical Best
Specialty Retail
$14.27M
$12.49M – $16.65M
NOI $999,094 @ 7.0% cap · market cap 66.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10,493
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Green Cap Catering — 238 Capp St, San Francisco, CA 94110
- Hedge Coffee — 434 Shotwell St, San Francisco, CA 94110
- Barbary Coast Catering — 3139 16th St, San Francisco, CA 94103
- Kitchen Affairs — 550 s van ness ave, san francisco, ca 94110
- Ceremony Beverage Catering — 2925 16th St, San Francisco, CA 94103
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial/industrial property with flexible workspace and excellent access.
Where is this flex space located?
The property is located at 1580 Folsom Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime central location near Folsom and 12th Street with excellent freeway access.; Versatile space suitable for commercial/industrial use, vehicle storage, or flexible workspace.; Functional layout with ground‑level area featuring roll‑up doors and ample clearance, plus a mezzanine and upper‑floor offices.
