1069-1073 Howard St San Francisco, CA 94103
- Retail properties
- 13,808 SF
Current Use by Public Records
- Retail properties
Property Details for 1069-1073 Howard St
- Year built
- 1927
- Property size
- 13,808 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional San Francisco commercial property, located at 1069-1073 Howard Street, presents a compelling investment opportunity. The 13,808 square foot building, constructed in 1927, sits on a 3,746 square foot lot and boasts a desirable PDR zoning designation. Currently operating at 100% occupancy, the property offers flexibility for various uses, including creative office, distribution, and manufacturing, as evidenced by its existing use as a collaborative workspace. The three-story structure, featuring a Classical Revival design, includes two loading docks, two dock-high doors, and an 18-foot ceiling height. Modern amenities such as a freight elevator, 220-amp electrical service, and ethernet wiring throughout enhance its appeal. The building's prime location in the Western SOMA Light Industrial and Residential Historic District provides excellent access to major freeways (101 and 280), BART, MUNI, CalTrain, and bus lines, resulting in a walk score of 96. The land value is $412.37 per square foot. The asking price for this fully-leased (with a vacant delivery option) property is $5,694,000. The property's historical significance and versatile design make it an attractive prospect for both investors and owner-occupiers seeking a unique and well-located commercial space in the heart of San Francisco. The building's concrete frame construction and flat roof contribute to its structural integrity and adaptability. Two pedestrian entrances on Howard Street provide convenient access for tenants and visitors. The property's existing security cameras further enhance its safety and security features. This is a rare opportunity to acquire a well-maintained, historically significant commercial building in a thriving San Francisco neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.409
- Latitude
- 37.7783