San Francisco, CA, CA 94103

$2,500,000

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List Price
$2,500,000
Status
ACTIVE
MLS#
ML82055474
County
San Francisco
Zoning
SLR
Year Built
1927
Square Feet
4,800
Lot Size (acres)
0.0367
Days on Market
4
Property Type
Commercial

Property Description

1539 Folsom Street, San Francisco Positioned prominently at the corner of Folsom and Norfolk Streets in SoMa, 1539 Folsom Street presents a rare Grade-A owner-user opportunity. Held by the same family for decades, pride of ownership shows throughout this three-story asset, which underwent an extensive renovation in 2020. The ground floor retains the industrial-chic character of the former Wish Lounge, complete with concrete floors, exposed walls, a custom bar, and a DJ booth. The kitchen is fully vented for easy hood installation. Above, the full-floor mezzanine offers a flexible canvas currently divided into two sub-suites for storage or office support. Completing the building, the third floor delivers a bright Class A office space. Comprehensive upgrades include full ADA compliance (restrooms and access), electrical, gas, HVAC with new ducting, exterior windows, top-floor flooring, and fire escape. Ideal for a corporate headquarters or multi-functional venue, 1539 Folsom Street combines timeless character with modern infrastructure. The top floor and part of the mezzanine is currently rented for $5500 / month on a month to month lease. Restaurant space and remainder of the mezzanine is also being marketed actively for lease. Hurry in, this will go.

Additional Information

Taxes
$27,500
Parcel Number
3521033
Gross Scheduled Income
$132,000
Heat
Central
Cooling
Yes
Roof
Other

Listing courtesy of Listing Agent: Kachig Tazian (kbt@tazianrealty.com) from Listing Office: Tazian Associates, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.