Renovated Flex Space with Loading
For Sale
$1,490,000
20-338 N Canal St, South San Francisco, CA 94080
Renovated warehouse-office unit with a kitchenette, two restrooms, storage, and separate customer and loading access.
Property Size1,968 SF
Price / SF$757.11
Days on Market109
Property Features for 20-338 N Canal St
General Information
Standard status
Active
Size
1,968 SF
Total Parking Spaces
3
Additional Details
Dock-High Doors
1
Amenities
whole-house water filtration system
kitchenette
two restrooms
Listing Agency:
Coldwell Banker Realty
(415) 682-6666
Listed By:
Victoria Choi Wing Lam · License #01326466
(650) 455-8878
Source:
Exprealty
Added: Jun 28
Changed: Oct 3
Last Checked: Oct 12 at 10:58PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This renovated flex property combines warehouse and office areas within 1,968 square feet. The layout includes a kitchenette, two restrooms, substantial storage, a front office entry, and a 14+ foot roll-up door. A whole-house Aquasana water filtration system includes a salt-free conditioner, filter components, sediment pre-filter, and UV purifier.
Operational access is provided through separate front and loading entrances, including a dedicated dock door. The property also includes 3 designated parking spaces and is located at 20-338 N Canal St in South San Francisco. The configuration supports a range of warehouse-office and industrial business functions.
Operational access is provided through separate front and loading entrances, including a dedicated dock door. The property also includes 3 designated parking spaces and is located at 20-338 N Canal St in South San Francisco. The configuration supports a range of warehouse-office and industrial business functions.
Key Highlights
- 1,968‑square‑foot renovated flex property
- 14+ foot roll‑up door with dedicated loading dock access
- Separate front office entrance and warehouse access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,424
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,188,480
$2.2M
Cap Rate 7%
$1,563,200
$1.6M
Cap Rate 9%
$1,215,822
$1.2M
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$135.1K $68.64/SF
− Vacancy
−$6.3K −$3.23/SF
EGI
$128.7K $65.41/SF
− OpEx
−$19.3K −$9.81/SF
NOI
$109.4K $55.60/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,188,480
Cap Rate 7%
$1,563,200
Cap Rate 9%
$1,215,822
Alternative Uses
Best Use
Warehouse
$1.56M
$1.37M – $1.82M
NOI $109,424 @ 7.0% cap · market cap 7.34%
Second Best
Industrial
$1.29M
$1.13M – $1.50M
NOI $90,114 @ 7.0% cap · market cap 6.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
2,201
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94080, CA
66,592
Population
23,364
Households
2.9
Avg Household Size
40
Median Age
40%
College-Educated
86%
High-School Grad
10.2 sq mi
ZIP Area
6,529
Density / Sq Mi
$135,966
Median Household Income
$61,138
Median Earnings
$2,840
Median Rent
$1,159,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated warehouse-office unit with a kitchenette, two restrooms, storage, and separate customer and loading access.
Where is this flex space located?
The property is located at 20-338 N Canal St South San Francisco, CA.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 1,968‑square‑foot renovated flex property; 14+ foot roll‑up door with dedicated loading dock access; Separate front office entrance and warehouse access
