About 1665 Folsom Street
Two Level, over 3500 SQUARE FT. Commercial Building in PRIME SOMA neighborhood is offered at FABULOUS 7.5 Times Gross Rent Multiplier and AMAZING super low, $167 per SQUARE FOOT. Even better, this 1665 Folsom Street parcel is now available for purchase with adjoining 1669, 1675, & 1655 Folsom Street parcels. For BEST PRICE of all, add available nearby s/s buildings #39 Isis and 60 13th Street. This is a MASSIVE opportunity for Owner Occupier, BUILDER/Developer, and/or Investor to grab a solid SIX PARCEL Portfolio! This Bldg. currently rented month to month at $6500. The rent includes use of 50% of next-door parking lot. The business is not included in real property sale. Please do not disturb the tenants. Per the SF Planning Website, zoning is Residential Enclave District. Per SF Tax Record, zoned IND-NEC. This property was valued in 2020 by a top SF Commercial Real Estate Appraiser for $2,100,000. Now on the market at low FANTASTIC PRICE of $588,000.!
Features of 1665 Folsom Street
| MLS® # | 424045100 |
|---|---|
| Price | $588,000 |
| Bathrooms | 2.00 |
| Square Footage | 3,506 |
| Acres | 0.04 |
| Year Built | 1970 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1665 Folsom Street |
|---|---|
| Area | SF District 9 |
| Subdivision | South of Market |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94103-3722 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| Features | Extra Storage, Restroom(s)-Private |
| Parking Spaces | 6 |
| Parking | Enclosed, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Stories | See Remarks |
| Has Basement | No |
Exterior
| Lot Description | Neighborhood, Near Public Transit |
|---|
Additional Information
| Date Listed | July 2nd, 2024 |
|---|
Listing Details
| Agent | Tim Hawko |
|---|---|
| Office | Park North Real Estate |