893 Folsom Street

Starboard Commercial Real Estate is pleased to present the opportunity to acquire 893 Folsom Street, a modern meeting and event center with a prime location in San Francisco, California’s South of Market neighborhood. This 12,700-square-foot two-story office was originally constructed on the 0.2-acre lot in 1925 and currently sits 64% occupied, with the first and third floors fully leased by a single tenant. Modern features throughout 893 Folsom Street include roll-up doors, high ceilings, private offices, conference rooms, kitchenettes, great natural lighting, and contemporary interior finishes. Additionally, all suites boast unique points of entry. This rare offer provides turnkey office space with high-end finishes, allowing a new user to secure first-rate space for business operations with the opportunity for easy future expansion while benefitting from income from the existing tenant. There is additional upside for a value-add investor looking to lease the property to improve cash flow further. 893 Folsom Street enjoys a highly accessible location just off the corner of 5th and Folsom Streets in the South of Market (SoMa) neighborhood, less than five minutes from connections to Interstate 80. The high-traffic arteries provide excellent exposure, offering combined visibility to over 40,000 passing vehicles each day. The building is also proximate to several stops for BART and Caltrain lines, providing convenient public transit options and ensuring quick and easy commutes. 

• 

  Square Footage: 12,700 SF

• 

  Purchase Price: $4.8 M

• 

  Zoning: MU-R

• Asking Price: $4.8 Million
• SBA Financing Available
• Ideal for Owner-Users
• 893 Folsom Street offers a 66% occupied 12,700-SF modern office on a signalized corner in the South of Market neighborhood.
• Less than 5 minutes from I-80, with direct exposure to Folsom and 5th Streets, providing combined visibility to over 40,000 passing vehicles daily.
• Turnkey space with modern office finishes, high ceilings, large skylights with great natural light, collaborative conference rooms, and a kitchenette.
• Walking distance to the San Francisco Centre Mall, the Yerba Buena Gardens, the Moscone Convention Center, the San Francisco Mint, and much more.
• Within walking distance of stops for the BART and Caltrain rail lines, providing quick and easy public transit options.
• A growing 2-mile population of more than 296,000 provides a strong workforce pipeline, with 56% of residents carrying a bachelor’s degree or higher.