Industrial Condo with Roll-Up
390 Swift Ave South San Francisco, CA 94080
For Sale
Contact for pricing
Industrial condominium featuring high-ceiling office space, commercial kitchen, cooler/freezer, and a dry storage warehouse.
Property Size7,200 SF
Price / SF$511.11
Days on Market55
Property Features for 390 Swift Ave
General Information
Standard status
Active
Size
7,200 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | San Francisco
(415) 706-6734
Listed By:
Karl Hansen · License #01351383
(415) 706-6734
Source:
Moodyscre
Added: Jun 5
Changed: Jul 26
Last Checked: Jul 28 at 1:38PM
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 CBRE | San Francisco
Investment Insights
Based on property information with market context.
This industrial condominium totals 7,200 SF and includes a 2,600 SF high-ceiling office area with exposed ducting that can be converted to warehouse use. The property also features a 1,650 SF commercial kitchen with tiled floors, washable surfaces, and built-in equipment including hoods, sinks, and an in-floor grease trap. In addition, there is a 1,350 SF cooler and a 1,370 SF freezer, along with a 2,500 SF dry storage warehouse with an insulated ceiling. The building includes men’s and women’s restrooms suited for production staff and offers 3-phase/400-amp electrical service, a full building fire sprinkler system, and one roll-up door.
The property has bay views and 19 assigned parking spaces. Monthly condo association fees are listed at $809, and OPEX is listed at $0.36/SF/Mo.
With its production-support amenities and dedicated storage equipment, the configuration is well-suited for food or light industrial operations that require refrigeration and kitchen infrastructure.
The property has bay views and 19 assigned parking spaces. Monthly condo association fees are listed at $809, and OPEX is listed at $0.36/SF/Mo.
With its production-support amenities and dedicated storage equipment, the configuration is well-suited for food or light industrial operations that require refrigeration and kitchen infrastructure.
Key Highlights
- ±7,200 SF industrial condominium with high‑ceiling office, commercial kitchen, cooler/freezer, and dry storage warehouse
- ±2,600 SF office area with high ceiling and exposed ducting (can be converted to warehouse)
- Commercial kitchen includes tiled floors, washable surfaces, hoods, sinks, and an in‑floor grease trap
Financial Insights For Industrial
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 | $494.2k | $68.64 |
| − Vacancy | −$23.2k | −$3.23 |
| EGI | $471.0k | $65.41 |
| − OpEx | −$141.3k | −$19.62 |
| NOI | $329.7k | $45.79 |
7,200 SF · lease $68.64/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$4.71M
$4.12M – $5.49M
NOI $329,686 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.72M
$5.00M – $6.67M
NOI $400,333 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial condominium featuring high-ceiling office space, commercial kitchen, cooler/freezer, and a dry storage warehouse.
Where is this manufacturing property located?
The property is located at 390 Swift Ave South San Francisco, CA.
What is the asking price?
The asking price for this property is $3,680,000.
What are key features of this property?
This property features: ±7,200 SF industrial condominium with high‑ceiling office, commercial kitchen, cooler/freezer, and dry storage warehouse; ±2,600 SF office area with high ceiling and exposed ducting (can be converted to warehouse); Commercial kitchen includes tiled floors, washable surfaces, hoods, sinks, and an in‑floor grease trap
