Open-Span Flex
637 King Street # R1 San Francisco, CA 94107
637 King Street # R1, San Francisco, CA, 94107
$775,000
For Sale
$775,000
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 Market300
Property Features for 637 King Street # R1
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing Agency
Engel & Voelkers San Francisco
Listed by
Michael B Johnston
Source
Bonniespindler
Added: Sep 23, 2025 Checked: Jul 19 at 4:29 am
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Statuswood
Production Facility
Similar For Sale Nearby
Similar Off Market Nearby
- PARKER Potrero — 1399 18th St, San Francisco, CA 94107
- Global Gourmet Catering — 2325 3rd St, San Francisco, CA 94107
- Domaine SF — 2325 3rd St #340, San Francisco, CA 94107
- Christian Larry — 710 Florida St, San Francisco, CA 94110
- Hedge Coffee — 434 Shotwell St, San Francisco, CA 94110
FAQs
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
