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$600k Price Reduction | Flagship Building 1118-1120 Howard St 13,500 SF 50% Leased Office Building San Francisco, CA 94103 $2,995,000 ($221.85/SF) 6.44% Cap Rate
Investment Highlights
- Conveniently located near major regional transportation routes, supporting efficient access throughout San Francisco and the Bay Area.
Executive Summary
Priced To Sell, 1118 Howard St offers owner-users and investors an opportunity to purchase a flagship building. This building offers 2 commercial units one per floor, with 2 commercial retail spaces on the ground floor. Situated in the heart of San Francisco’s thriving South of Market (SoMa) district. The approximately 13,500-square-foot building, originally constructed in 1926, offers a unique ownership opportunity. The building is priced at $221/Sq Ft! An attractive 6.44% cap rate, 11.1 GRM, with a proforma gross rent of $270,000 per year! Come tour this turnkey asset today!
Disclosures: https://app.disclosures.io/link/1118-Howard-Street-7mom3z5b
Disclosures: https://app.disclosures.io/link/1118-Howard-Street-7mom3z5b
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
13,500 SF
Building Class
C
Year Built
1925
Price
$2,995,000
Price Per SF
$221.85
Cap Rate
6.44%
NOI
$192,878
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,500 SF
Building FAR
3.10
Lot Size
0.10 AC
Zoning
SLR - Industrial, R&D and Office
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gar May Enterprise Inc.
- Professional, Scientific, and Technical Services
- -
- -
- -
- Oraganizer
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gar May Enterprise Inc. | Professional, Scientific, and Technical Services | - | - | - | ||
| Oraganizer | Professional, Scientific, and Technical Services | - | - | - |
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Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 3727-010 | Improvements Assessment | $575,706 |
| Land Assessment | $1,343,326 | Total Assessment | $1,919,032 |
Property Taxes
Parcel Number
3727-010
Land Assessment
$1,343,326
Improvements Assessment
$575,706
Total Assessment
$1,919,032
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
$600k Price Reduction | Flagship Building | 1118-1120 Howard St