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Mixed Use Apartment Building 10 Apartments | 1 Restaurant & Bar

$3,750,000

1586 Folsom Street, San Francisco, CA 94103

Active
Last Updated: 03/20/2025

5.12

Cap Rate

9,300 sqft

Building Size

Details:
Cap Rate:    5.12%
Building Size:    9,300 sqft
Lot Area:    3,397 sqft
Units:    11
Year Built:    1916
Price Per Sqft:    $403
Price Per Unit:    $340,909
Zoning:    WMUG
Highlights:
  • Corner Mixed-Use Property in SOMA
  • Large Bar & Restaurant; 5-Year Lease
  • 6 One-Bedrooms & 4 Studios
  • Most Residential Units Renovated
  • Significant Frontage along 12th & Folsom Streets
  • Banked Rents
  • Passthrough Opportunities
  • Seismic Completed
Description:

1586 FOLSOM is located in SOMA with stone throw proximity to Mission Bay, here thrives the Design District. The neighborhood has experienced the development of new residential and commercial spaces, contributing to its evolving character. Here you can find a blend of residential and commercial spaces including modern high-rise apartments, as well as some older buildings with character next to showrooms and design studios. The area is also home to life science buildings and AI startups. Given the easy accessibility to major freeways, Muni and Caltrain the area welcomes people from inside and outside the city.

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