For Sale
$38,000,000

1401 Illinois St San Francisco, CA 94107

Dogpatch Warehouse & Office Space

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional San Francisco investment opportunity presents two parcels totaling 80,000 square feet of land, ideally situated in the burgeoning Dogpatch neighborhood at the corner of Illinois Street and 24th Street. The property comprises a vacant industrial complex with a mix of warehouse and office space, offering significant value-add potential. Parcel 1 features a 6,194 square foot warehouse building on approximately 43,500 square feet of land. Parcel 2 encompasses three warehouse buildings and associated office space, totaling approximately 30,701 square feet, situated on roughly 36,500 square feet of land. The complex boasts ample drive-in and dock-high loading doors, providing convenient access for various uses. Secured parking and yard space are also included, catering to a range of owner-users and investors. The property is zoned PDR-1-G and is offered at $38,000,000, with a land value of $475 per square foot. Its prime location, directly adjacent to the I-280 on-ramp, offers unparalleled access to major transportation arteries. The multi-tenant capability allows for flexibility in occupancy, whether by a single user or multiple tenants. This rare opportunity allows for immediate occupancy and the potential to increase rental income through renovations.

Highlights

  • Rare opportunity: Move-in ready, vacant industrial complex with office space and secured parking.
  • Value-add potential: Increase rental income through renovations.
  • Multi-tenant capability: Suitable for single or multiple users.
  • Dock & drive-in loading: Ample drive-in and dock-high loading doors.
  • Excellent location: Dogpatch neighborhood, adjacent to I-280 on-ramp.
  • Secured parking & yard: On-site parking and secured yard space.

Property Details for 1401 Illinois St

Property type
Warehouses, Office properties
Square Feet
6,194 SF

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.754075690437
Longitude
-122.38694081453

FAQs

What type of property is this?
Warehouse - Dogpatch Warehouse & Office Space
Where is the warehouse located?
The property is located at 1401 Illinois St San Francisco, CA.
What is the asking price?
The asking price for this property is $38,000,000.
What are key features of this property?
This property features: Rare opportunity: Move-in ready, vacant industrial complex with office space and secured parking.; Value-add potential: Increase rental income through renovations.; Multi-tenant capability: Suitable for single or multiple users.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1401 Illinois St
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