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OWNER/USER DEVELOPMENT PROJECT
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| Status |
Active |
| Neighborhood |
SOMA |
| Address |
965 Howard St.
San Francisco, CA 94107
Google
map |
| Price |
$3,400,000 |
| HOA |
None |
| Type |
Commercial Building |
| Sq ft (approx) |
5,805 |
| Agent(s) |
James Aduna
415.901.2797
jaduna@ubayp.com
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Unique developer or owner/user project in the heart of SOMA. This rare building is steps away from the Intercontinental Hotel, SF Chronicle, Moscone Center and highway on/off ramps. This is a great opportunity for developers who are looking to invest in a great income property, while finalizing on current residential entitlements.
Features:
- Owner/user or development opportunity
- APN#: 3732-112
- Zoned: RSD
- Well maintained property
- Great location with easy access to shopping, Muni, Caltrain, BART, Downtown, AT&T Ballpark and Highway on/off ramp
- No of stories: 2
- Built 1922
- Lot: 4,874 sq. ft.
- Building sq.ft.: 5,805 sq. ft.
- Exclusive parking (fenced and secured)
- Freshly painted exterior walls and new carpeting
- HVAC system throughout building
- Plans have been submitted for 20 unit condo project
- EIR is expected to be approved by end of ‘08
- Plans are expected to be approved and entitled by end of ‘09
- Up to 9’5 ft. ceiling heights
- Two office spaces will be delivard with tenants
- 6 car parking
Financial Summary:
Year: 2007
Effective Gross Income: $9,000
Operating Expenses: $429
Net Operating Income: $8,571
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