Open-Span Flex
For Sale
$775,000
637 King Street # R1, San Francisco, CA 94107
A modern open-span warehouse with strong street presence and flexible zoning, suitable for owner-user or investor scenarios.
Property Size1,280 SF
Price / SF$605.47
Days on Market315
Property Features for 637 King Street # R1
General Information
Standard status
Active
Size
1,280 SF
Property subtype
Retail
Zoning
UMU-68-X
Additional Details
Business Included
Yes
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
Engel & Voelkers San Francisco
Listed By:
Michael B Johnston
Source:
Bonniespindler
Added: Sep 23, 2025
Changed: Jul 10
Last Checked: Aug 2 at 12:16PM
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 Engel & Voelkers San Francisco
Investment Insights
Based on property information with market context.
This property includes a 1,280 SF warehouse-style building built in 2007, configured as an open-span, showroom-style interior. The design supports straightforward layouts and practical day-to-day operations for a variety of light industrial or flexible commercial uses.
The asset benefits from strong street frontage and a visible neighborhood presence. Zoning is listed as UMU-68-X, which provides flexibility for different potential uses. A month-to-month tenant is currently in place, supporting immediate occupancy while allowing room for future customization.
For an owner-user, the open span layout can accommodate showroom, storage, light production, or distribution needs depending on how the space is planned within the UMU-68-X zoning framework. For investors, the existing month-to-month tenancy provides current income potential, with the option to revisit the property’s buildout once tenancy needs are known. Overall, it’s a contemporary, adaptable warehouse package designed to support both occupancy and longer-term flexibility.
The asset benefits from strong street frontage and a visible neighborhood presence. Zoning is listed as UMU-68-X, which provides flexibility for different potential uses. A month-to-month tenant is currently in place, supporting immediate occupancy while allowing room for future customization.
For an owner-user, the open span layout can accommodate showroom, storage, light production, or distribution needs depending on how the space is planned within the UMU-68-X zoning framework. For investors, the existing month-to-month tenancy provides current income potential, with the option to revisit the property’s buildout once tenancy needs are known. Overall, it’s a contemporary, adaptable warehouse package designed to support both occupancy and longer-term flexibility.
Key Highlights
- 2007‑built 1,280 SF open‑span showroom‑style warehouse
- UMU‑68‑X zoning offers flexibility for various uses
- Strong street frontage and neighborhood presence
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 | $34.6k | $27.00 |
| − Vacancy | −$3.5k | −$2.70 |
| EGI | $31.1k | $24.30 |
| − OpEx | −$4.7k | −$3.65 |
| NOI | $26.4k | $20.66 |
1,280 SF · lease $27.00/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$377.7K
$330.5K – $440.6K
NOI $26,438 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$311.0K
$272.2K – $362.9K
NOI $21,773 @ 7.0% cap · market cap 2.81%
Theoretical Best
Specialty Retail
$6.25M
$5.47M – $7.29M
NOI $437,659 @ 7.0% cap · market cap 56.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
7,663
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94107, CA
34,012
Population
18,798
Households
1.8
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
1.9 sq mi
ZIP Area
17,901
Density / Sq Mi
$186,123
Median Household Income
$118,676
Median Earnings
$3,378
Median Rent
$1,227,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
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- Christian Larry — 710 Florida St, San Francisco, CA 94110
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Frequently Asked Questions
What type of property is this?
Flex space - A modern open-span warehouse with strong street presence and flexible zoning, suitable for owner-user or investor scenarios.
Where is this flex space located?
The property is located at 637 King Street # R1 San Francisco, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2007‑built 1,280 SF open‑span showroom‑style warehouse; UMU‑68‑X zoning offers flexibility for various uses; Strong street frontage and neighborhood presence
