Industrial Condo with Roll-Up
432 Canal St South San Francisco, CA 94080
For Sale
Contact for pricing
Corner unit offers mezzanine office with large glass windows, fully sprinklered, and a 14' x 14' grade-level roll-up.
Property Size2,652 SF
Price / SF$471.34
Days on Market208
Property Features for 432 Canal St
General Information
Standard status
Active
Size
2,652 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | San Mateo
(650) 486-2219
Listed By:
Mike Davis, SIOR · License #02206198
(650) 486-2219
Source:
Moodyscre
Added: Jan 2
Changed: Jul 26
Last Checked: Jul 29 at 1:08PM
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 Colliers | San Mateo
Investment Insights
Based on property information with market context.
This corner-unit industrial condo includes a mezzanine office area with large glass windows, providing a dedicated upper workspace while maintaining warehouse operations below. The space is fully sprinklered and features one 14' x 14' grade-level roll-up door. An available 20' clear height supports a range of light industrial and storage needs, and racking is available for purchase.
Located in South San Francisco within an industrial condo complex, the unit is designed for efficient occupancy within a shared ownership setting.
Located in South San Francisco within an industrial condo complex, the unit is designed for efficient occupancy within a shared ownership setting.
Key Highlights
- Corner industrial condo unit with a mezzanine office area and large glass windows
- Fully sprinklered industrial space
- Includes a 14' x 14' grade‑level roll‑up door
Financial Insights For Flex RnD
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 | $182.0k | $68.64 |
| − Vacancy | −$20.2k | −$7.62 |
| EGI | $161.8k | $61.02 |
| − OpEx | −$56.6k | −$21.36 |
| NOI | $105.2k | $39.66 |
2,652 SF · lease $68.64/SF/yr · vacancy 11.10% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$2.11M
$1.84M – $2.46M
NOI $147,456 @ 7.0% cap · market cap 11.80%
Second Best
Industrial
$1.73M
$1.52M – $2.02M
NOI $121,434 @ 7.0% cap · market cap 9.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Rebecca Jean Catering and Events — 319 S Maple Ave #209, South San Francisco, CA 94080
- Nico Martin Presents — 121 S Maple Ave #3, South San Francisco, CA 94080
- GUCKENHEIMER EVENTS & CATERING — 145 Starlite St, South San Francisco, CA 94080
- Nutritious Delicious — 121 S Maple Ave STE 7, South San Francisco, CA 94080
- Beyond The Border — 127 S Linden Ave, South San Francisco, CA 94080
Frequently Asked Questions
What type of property is this?
Flex space - Corner unit offers mezzanine office with large glass windows, fully sprinklered, and a 14' x 14' grade-level roll-up.
Where is this flex space located?
The property is located at 432 Canal St South San Francisco, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Corner industrial condo unit with a mezzanine office area and large glass windows; Fully sprinklered industrial space; Includes a 14' x 14' grade‑level roll‑up door
