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Flex Warehouse with Open-Plan Layout

934 Larkin Street San Francisco, CA 94109

934 Larkin Street, San Francisco, CA, 94109
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For Sale
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Versatile flex/warehouse space with an open-plan layout, offering flexibility for commercial and production uses.

Property Size9,770 SF
Price / SF$217.50
Days on Market45

Property Features for 934 Larkin Street

General Information

Standard status
Active
Size
9,770 SF
Property subtype
INDUSTRIAL
Listing Agency Coldwell Banker Commercial | San Francisco
Listed by Steven Caravelli
Source Moodyscre
Added: Jun 3 Checked: Jul 17 at 5:52 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 Coldwell Banker Commercial | San Francisco


Investment Insights

Based on property information with market context.

This rare industrial/mixed-use flex warehouse offers a flexible open-plan interior designed to support a range of commercial and production uses. The building is presented as an adaptable space, with buyers encouraged to confirm zoning and any specific development or conversion options they may require.

Located at 934 Larkin Street in San Francisco, the property benefits from a transit-rich urban setting. It is positioned near Van Ness BRT and Civic Center, with access to major arterials for regional connectivity.

The layout and intended versatility make this property a practical fit for owner-users who want space that can accommodate day-to-day operations, as well as for investors or developers evaluating longer-term redevelopment or adaptive reuse paths. Prospective tenants and buyers should perform their own due diligence regarding permitted uses, as zoning verification is required.

Key Highlights

  • Industrial/mixed‑use flex/warehouse space with a flexible open‑plan layout
  • Open‑plan configuration suited for a range of commercial and production uses
  • Located near Van Ness BRT and Civic Center, with access to major arterials

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 $137.2k $14.04
− Vacancy −$8.0k −$0.81
EGI $129.2k $13.23
− OpEx −$19.4k −$1.98
NOI $109.8k $11.24
9,770 SF · lease $14.04/SF/yr · vacancy 5.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,833 @ 7.0% cap · market cap 5.17%
Second Best
Industrial
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,917 @ 7.0% cap · market cap 4.51%
Theoretical Best
Retail
$44.54M
$38.97M – $51.96M (±1% cap)
NOI $3,117,866 @ 7.0% cap · market cap 146.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Carpet & Flooring Store Buffet Clothing & Fashion Store Adult Day Care Clothing & Fashion Store Pet Grooming Service Locksmith (Bike/Boat/Book/etc) Store Restaurant Butcher

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Ritas Food Truck — 1036 Mission St, San Francisco, CA 94103
  • Tri Tri G's Catering — 762 Fulton St, San Francisco, CA 94102
  • Gleda Loftus Catering — San Francisco, CA 94102
  • Rita's Catering Trucks — 1068 Mission St, San Francisco, CA 94103
  • Chefs Kitchen — 1068 Mission St, San Francisco, CA 94103

FAQs

What type of property is this?
Flex space - Versatile flex/warehouse space with an open-plan layout, offering flexibility for commercial and production uses.
Where is this flex space located?
The property is located at 934 Larkin Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: Industrial/mixed‑use flex/warehouse space with a flexible open‑plan layout; Open‑plan configuration suited for a range of commercial and production uses; Located near Van Ness BRT and Civic Center, with access to major arterials
Contact an agent
(415) 229-1367 Call to check price and availability
More about this property
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