Colliers International as Exclusive Advisors to the Seller, are pleased to present the opportunity to acquire 1601 Franklin Street (“The Property”), an excellent investment opportunity located in the highly desirable neighborhood of Lower Pacific Heights in San Francisco. The Property is a three-level commercial building in a prime location on the northwest corner of Franklin Street and Pine Street. The building is currently leased to an automotive tenant that occupies (and subleases) the entire site, although there is not a long-term lease encumbrance. The property is zoned NC-3 - Moderate Scale Neighborhood Commercial District, and has exceptional height allowance of 130 feet.
The Property is a unique opportunity for long-term investment or development in a consistently top performing commercial rent district. Located on the corner
of two major thoroughfares, the property is surrounded by new commercial and residential development projects, retail, and other amenities. There is easy
access to public transportation and surrounding neighborhoods include Pacific Heights to the North, Upper Fillmore to the West, and Nob Hill to the East.
