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Mixed-Use

3208 Folsom St

3208 Folsom St, San Francisco, CA 94110

Listing Price: $2,495,000

Cap Rate
5.09%
Number of Units
2
Occupancy
97.0%
Price/Unit
$1,247,500
Price/Gross SF
$594.05
Gross SF
4,200

Investment Overview

3208-3210 Folsom St offers an investor a rare opportunity to acquire a mixed-use asset located in the thriving city of San Francisco, California. Situated on a 1,875 square foot parcel of land, the subject property was originally constructed in 1926 and has a gross building area of approximately 4,200 square feet, offering its tenants beautifully designed two-bedroom Floor plans.  The subject property is a three-story mixed-use building with one retail tenant and 2 apartment units on the second and third Floor. Additionally, the basement contains an estimated 740 square feet of additional space not included in the total building size. 3208-3210 Folsom St is well-positioned in the heart of the Bay Area’s most dynamic and desirable locations. With historic neighborhoods, diverse cultural attractions, vibrant entertainment, shopping, dining, and nightlife, San Francisco is an exciting destination for business or pleasure. The subject property offers renters close proximity to many of the nation’s top employers including Salesforce, Adobe, Levi’s, StubHub, Uber, Lyft, Twitter, LinkedIn, as well as many others. Residents also enjoy convenient access to transportation corridors including several nearby BART stations, the San Francisco Oakland Bay Bridge, U.S. Route 101, and Interstate 280. The investment appeal of this asset is driven by San Francisco’s strong employment fundamentals and low vacancy levels. With a world-class location in San Francisco, 3208-3210 Folsom St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Tremendous Investment Opportunity to Acquire a Well-Located Mixed-Use Asset in the Heart of Thriving San Francisco, California
  • Desirable Unit Mix - The Subject Property Consists of Beautifully Designed Large Two-Bedroom Floor Plans with a Commercial Retail Space
  • Excellent Transportation Corridors - Tenants and Residents enjoy convenient access to several nearby BART stations, the San Francisco Oakland Bay Bridge, U.S. Route 101 and Interstate 280
  • Strong Employment Base - Close proximity to many of the nation's top employers including Salesforce, Adobe, Levi's, StubHub, Uber, Lyft, Twitter, LinkedIn, as well as many others
  • Recent Interior Updates - Both Units Have Been Renovated with Updated Kitchens Including Stainless Steel Appliances and Updated Cabinets
  • Potential TIC Opportunity - Prospective Buyers to Conduct Their Own Due Diligence

Exclusively Listed By

Mixed-Use

3208 Folsom St

Listing Price: $2,495,000

Cap Rate
5.09%
Number of Units
2
Occupancy
97.0%
Price/Unit
$1,247,500
Price/Gross SF
$594.05
Gross SF
4,200

Investment Highlights

  • Tremendous Investment Opportunity to Acquire a Well-Located Mixed-Use Asset in the Heart of Thriving San Francisco, California
  • Desirable Unit Mix - The Subject Property Consists of Beautifully Designed Large Two-Bedroom Floor Plans with a Commercial Retail Space
  • Excellent Transportation Corridors - Tenants and Residents enjoy convenient access to several nearby BART stations, the San Francisco Oakland Bay Bridge, U.S. Route 101 and Interstate 280
  • Strong Employment Base - Close proximity to many of the nation's top employers including Salesforce, Adobe, Levi's, StubHub, Uber, Lyft, Twitter, LinkedIn, as well as many others
  • Recent Interior Updates - Both Units Have Been Renovated with Updated Kitchens Including Stainless Steel Appliances and Updated Cabinets
  • Potential TIC Opportunity - Prospective Buyers to Conduct Their Own Due Diligence

Investment Overview

3208-3210 Folsom St offers an investor a rare opportunity to acquire a mixed-use asset located in the thriving city of San Francisco, California. Situated on a 1,875 square foot parcel of land, the subject property was originally constructed in 1926 and has a gross building area of approximately 4,200 square feet, offering its tenants beautifully designed two-bedroom Floor plans.  The subject property is a three-story mixed-use building with one retail tenant and 2 apartment units on the second and third Floor. Additionally, the basement contains an estimated 740 square feet of additional space not included in the total building size. 3208-3210 Folsom St is well-positioned in the heart of the Bay Area’s most dynamic and desirable locations. With historic neighborhoods, diverse cultural attractions, vibrant entertainment, shopping, dining, and nightlife, San Francisco is an exciting destination for business or pleasure. The subject property offers renters close proximity to many of the nation’s top employers including Salesforce, Adobe, Levi’s, StubHub, Uber, Lyft, Twitter, LinkedIn, as well as many others. Residents also enjoy convenient access to transportation corridors including several nearby BART stations, the San Francisco Oakland Bay Bridge, U.S. Route 101, and Interstate 280. The investment appeal of this asset is driven by San Francisco’s strong employment fundamentals and low vacancy levels. With a world-class location in San Francisco, 3208-3210 Folsom St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

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