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INVESTMENT HIGHLIGHTS
- Rare Opportunity to Purchase a Renovated, Income Generating Commercial Asset in Heart of SOMA
- Value-add Potential Through Renovation and Lease-up of Second Floor Residential Space
- Property Will Be Delivered Vacant at Close of Escrow
- Excellent Frontage on Howard Street
- Second Floor Lease Expiration Allows for Owner/User Occupier
EXECUTIVE SUMMARY
Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase the fee simple interest in the mixed use building at 1183-1185 Howard Street, San Francisco, CA 94103.
1183-1885 Howard Street is a two story, approximately 5,260 square foot, building located on approximately 2,250 square feet of land. The ground floor is a renovated commercial unit with private outdoor patio, while the top floor is a renovated residential apartment, comprised of three (3) bedrooms, two (2) bathrooms, a dining room, living room and ample living space.
The property is situated on Howard Street between 7th & 8th Street, close to BART, freeways and many other neighborhood shops and restaurants. The entire property will be delivered vacant at the close of escrow, making this an ideal owner/user building or investment opportunity in one of San Francisco’s most desirable locations.
1183-1885 Howard Street is a two story, approximately 5,260 square foot, building located on approximately 2,250 square feet of land. The ground floor is a renovated commercial unit with private outdoor patio, while the top floor is a renovated residential apartment, comprised of three (3) bedrooms, two (2) bathrooms, a dining room, living room and ample living space.
The property is situated on Howard Street between 7th & 8th Street, close to BART, freeways and many other neighborhood shops and restaurants. The entire property will be delivered vacant at the close of escrow, making this an ideal owner/user building or investment opportunity in one of San Francisco’s most desirable locations.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,260 SF
Building Class
C
Year Built
1907
Price
$1,795,000
Price Per SF
$341.25
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.42
Lot Size
0.05 AC
Zoning
WMUG - Western Mixed Use General // 55-X
Frontage
30’ on Howard St
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3730-039 | Improvements Assessment | $468,515 |
| Land Assessment | $1,093,207 | Total Assessment | $1,561,722 |
PROPERTY TAXES
Parcel Number
3730-039
Land Assessment
$1,093,207
Improvements Assessment
$468,515
Total Assessment
$1,561,722
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1183-1185 Howard St
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