131 Franklin
11,950,000.00
9,580 sq ft
ABOUT 131 FRANKLIN ST , SAN FRANCISCO, CA 94102
Price | $11,950,000 | Gross Leasable Area | 9,580 SF |
Sale Type | Investment or Owner User | No. Stories | 4 |
Sale Conditions | 1031 Exchange | Year Built | 1909 |
Property Type | Retail | Tenancy | Single |
Property Sub-type | Storefront Retail/Office | Clear Ceiling Height | 14 FT |
Building Class | B | Zoning Description | NCD, San Francisco |
Lot Size | 0.06 AC | APN / Parcel ID | 0833-002 |
HIGHLIGHTS
- Prime location in Civic Center submarket.
- With its 9,580 sft building size, this Brick and Timber building built in 1909 is the only available building of its size in Hayes Valley.
- Within proximity to major Hi-Tech firms in the area such Twitter, Uber, WeWork, Zendesk, Dolby and many more.
- Zoning allows it to build up to 80 feet for possible expansion.
MAJOR TENANT INFORMATION
TENANT SF OCCUPIED LEASE END DATE
131 Franklin Street LLC
900
Chrysalis Capital Group
-
AMENITIES
- 24 Hour Access
- Metro/Subway
- Air Conditioning
- Security System
- Conferencing Facility
- Signage
- Freeway Visibility
- Tenant Controlled HVAC
MAJOR TENANT INFORMATION
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
131 Franklin Street LLC | 900 | |
Chrysalis Capital Group | - |
AMENITIES
- 24 Hour Access
- Metro/Subway
- Air Conditioning
- Security System
- Conferencing Facility
- Signage
- Freeway Visibility
- Tenant Controlled HVAC
This Rare San Francisco gem has vertical development opportunity! Desirable location on hard corner just steps from SoMa District and “the Hub.” There is international appeal for this historic building and new owners have the opportunity to develop additional multifamily on top of 75% of the existing retail/office space. Preliminary planning with San Francisco city officials have indicated it would encourage the addition of residential units. Originally built to be the headquarters of a purveyor of fine pianos, the design of the building is as exquisite as the instruments it once held - even the building’s exterior features fanciful piano keyboard molding. Many upgrades contribute to the building’s current modern take - preserved brick walls and 16-foot ceilings on the third floor create a loft space perfect for corporate meetings or small venue for entertaining and get-togethers. Also, within walking distance is the newly constructed SF Jazz Center, the world famous Davies Symphony Hall, SF Ballet, the War Memorial Opera House, Bill Graham Civic Auditorium and the Orpheum Theater. Across the street is the exclusive French American and Chinese American School and the San Francisco Conservatory of music.