Flex Warehouse Condo With
65 Norfolk Street # F San Francisco, CA 94103
65 Norfolk Street # F, San Francisco, CA, 94103
$648,888
For Sale
$648,888
Condo unit offers warehouse space plus two offices, kitchen, and restroom in a fully sprinklered six-unit building.
Property Size920 SF
Price / SF$705.31
Days on Market90
Property Features for 65 Norfolk Street # F
General Information
- Standard status
- Active
- Size
- 920 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1993
Listing agency
Compass Commercial
(415) 345-3000
Listed by
Guy Carson Jr. · License #01997702
Source
Bonniespindler
Added: Apr 25 Updated: Jul 22 at 10:06PM Checked: Jul 20 at 11:22PM
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 Compass Commercial
Investment Insights
Based on property information with market context.
65 Norfolk, Unit F is a 920-square-foot commercial condo within a modern, six-unit mixed-use building. The space is organized as a warehouse area with two offices, a small kitchen, and a restroom. Finishes throughout are described as quality, and natural light enters via a glass-paneled garage door, with a second aluminum security door for additional access control. The unit is fully sprinklered.
The property is located in Western SOMA on a quiet street between 11th and 12th Streets, tucked between Folsom and Harrison. The remarks note it is just a few blocks from the 101 and 280.
WMUG zoning is listed in the remarks and is described as supporting small-scale light manufacturing, wholesale distribution, and arts production and performance/exhibition activities, along with general commercial and neighborhood-serving retail and personal service uses.
The property is located in Western SOMA on a quiet street between 11th and 12th Streets, tucked between Folsom and Harrison. The remarks note it is just a few blocks from the 101 and 280.
WMUG zoning is listed in the remarks and is described as supporting small-scale light manufacturing, wholesale distribution, and arts production and performance/exhibition activities, along with general commercial and neighborhood-serving retail and personal service uses.
Key Highlights
- 920 SF commercial condo with warehouse space, two offices, small kitchen, and restroom
- Located in a 6‑unit mixed‑use building built in 1993
- Natural light via glass‑paneled garage door; includes second aluminum security door
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 | $24.8k | $27.00 |
| − Vacancy | −$2.5k | −$2.70 |
| EGI | $22.4k | $24.30 |
| − OpEx | −$3.4k | −$3.65 |
| NOI | $19.0k | $20.66 |
920 SF · lease $27.00/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$271.5K
$237.5K – $316.7K
NOI $19,003 @ 7.0% cap · market cap 2.93%
Second Best
Industrial
$223.6K
$195.6K – $260.8K
NOI $15,649 @ 7.0% cap · market cap 2.41%
Theoretical Best
Specialty Retail
$4.49M
$3.93M – $5.24M
NOI $314,568 @ 7.0% cap · market cap 48.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
REF Corp Electric
Electrical Service
Similar For Sale Nearby
Similar Off Market Nearby
- Kitchen Affairs — 550 s van ness ave, san francisco, ca 94110
- Barbary Coast Catering — 3139 16th St, San Francisco, CA 94103
- Ceremony Beverage Catering — 2925 16th St, San Francisco, CA 94103
- Green Cap Catering — 238 Capp St, San Francisco, CA 94110
- Hedge Coffee — 434 Shotwell St, San Francisco, CA 94110
FAQs
What type of property is this?
Flex space - Condo unit offers warehouse space plus two offices, kitchen, and restroom in a fully sprinklered six-unit building.
Where is this flex space located?
The property is located at 65 Norfolk Street # F San Francisco, CA.
What is the asking price?
The asking price for this property is $648,888.
What are key features of this property?
This property features: 920 SF commercial condo with warehouse space, two offices, small kitchen, and restroom; Located in a 6‑unit mixed‑use building built in 1993; Natural light via glass‑paneled garage door; includes second aluminum security door
