1122 Folsom StSan Francisco, CA 94103

  • Retail properties
  • 8,000 SF
For Sale
$4,895,000 View listing

Property Details for 1122 Folsom St

Year built
1923
Construction
TILT-UP CONCRETE
Lot size
0.09 AC
Property size (Sq ft)
8,000 SF
Zone code
SLR
Property type
Retail properties
Property subtype
Retail space
APN
3730 -014
APU
3730014

Description

This 8,000-square-foot, two-story free-standing commercial building at 1122 Folsom Street in San Francisco, CA 94103, is offered at $4,895,000. Situated on a 4,000-square-foot lot (APN 3730-014), this property boasts extensive renovations completed in 2018 and 2023. The ground floor offers commercial space with a kitchenette, while the second floor features a custom residential build-out, including two kitchens, a private entrance, and a one-car garage with a roll-up door. High-end finishes and a built-in sound system are throughout. The building is zoned NCT - Folsom Street Neighborhood Commercial Tenant and will be delivered 100% vacant at the close of escrow. Its central SoMa location offers exceptional walkability (98 Walk Score) and transit access (100 Bike Score). This property presents a unique opportunity for owner-users and investors alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,152,842
    6.5%
    $2,910,316
    7%
    $2,702,436
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,837,393
    Geo Method
    $5,622,826
  • Alternative Use

    Use
    Valuation
    Residential
    $2,454,960
    Hospitality
    $2,248,730
    Educational
    $1,870,917
    Medical
    $1,935,261
    Retail
    $2,910,316
1122 Folsom St, San Francisco, California

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7764
Longitude
-122.409
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$62,735
$3,566,430
$1,528,470
$5,094,900
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