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870 Innes Ave 6,061 SF 100% Leased Industrial Building San Francisco, CA 94124 $2,250,000 ($371.23/SF)

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INVESTMENT HIGHLIGHTS

3 Level live/work Building with unobstructed views of the water, abundant spaces warehouse, skylights,
Easy access to the South Bay and downtown San Francisco

Next to Hunters Point Shipyard and Candlestick projects

EXECUTIVE SUMMARY

Great opportunity to own this unique Warehouse/ Loft NC-2 Zoning building. it consists of 3 levels which all enjoy an unobstructed view of the water next to the new $200 million India Basin Waterfront park. The top floor apartment has 6 large sky lights with abundant natural light and panoramic views of the bay. A large living space with a fully equipped open kitchen, full bathroom, 2 bedrooms plus a study room and a TV room. The warehouse roll up door provides access to the street level with open bay skylights in front, 2 full bathrooms one of them is unwarranted, w/d hookups room, large open space. The lower level has several rooms, water views and a large storage area. There is also an open hatch to access the sub-area of the building. You will find approved but expired plans to build multiple residential units, blueprints available with the disclosure packet. new 2019 Bitumen roof.

870 Innes St - For Lease_20190325

870 Innes electric REPORT dec 2011

PROPERTY FACTS

Price	$2,250,000	Lot Size	0.06 AC
Price Per SF	$371.23	Rentable Building Area	6,061 SF
Sale Type	Investment or Owner User	No. Stories	3
Property Type	Industrial	Year Built	1972
Property Subtype	Warehouse Industrial Distribution OfficeLoft Creative Space Office Office Residential	No. Drive In / Grade-Level Doors	1
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	NC2 - Mix-use neighborhood commercial/residential

Price	$2,250,000
Price Per SF	$371.23
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution OfficeLoft Creative Space Office Office Residential
Building Class	C
Lot Size	0.06 AC
Rentable Building Area	6,061 SF
No. Stories	3
Year Built	1972
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	NC2 - Mix-use neighborhood commercial/residential