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2829 25th St
San Francisco, CA 94110
2829 25th St · Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.08 AC
Rentable Building Area 3,312 SF
No. Stories 1
Year Built 1900
Tenancy Single
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 1
Zoning NC2

Amenities

  • Bus Line

About 2829 25TH ST , SAN FRANCISCO, CA 94110

Calling all developers and builders! 2829 25th St. is a fully entitled, new construction development project located in the wildly popular inner Mission District. We're nearing final permit approval (~3 years in the making) to build 4 new luxury condominiums totaling approx. 5,800 ft². Shovel ready status is imminent, with a likely construction start of late Sept, 2017. We are simply stretched too thin with 3 other projects, and do not have the capacity to comfortably move this development to the finish line. PROFORMA DETAILS: Purchase price: $1,875,000 Construction and soft costs: $2,600,000 Total project cost: $4,475,000 Projected gross sale price (based on conservative $950/ft²): $5,510,000 Projected profit margin before transaction costs: $1,000,000+ PLANS: A desirable unit mix consisting of two and three bedroom units combine to create a boutique style building within steps to the 24th St. corridor, and just 2 blocks to HWY 101's en ramp, making the property ultra-convenient for Silicon Valley commuters looking for a luxurious, urban, and central location. Completed in late 2016, the structural and architectural plans are in place and ready for construction. Steps to 24th St shopping corridor and just two blocks to HWY 101's en ramp, making the property ultra convenient for silicon valley commuters looking for a luxurious,urban, central location.

  • Listing ID: 7121573

  • Date on Market: 5/8/2017

  • Last Updated:

  • Address: 2829 25th St, San Francisco, CA 94110

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