828 Brannan Street, San Francisco, CA 94103; Office Property For Sale; B-6 in San Francisco County
Office Property For Sale
Building Size:15,209 SF
Property Use Type:Investment
Lot Size:0.30 AC
Transwestern has been exclusively engaged to arrange the disposition of 828 Brannan Street, San Francisco. The Seller requires a minimum $10,000,000 purchase price and an as-is purchase contract without contingency for entitlements.
828 Brannan Street is a redevelopment site suitable for high-density residential, office, and retail uses. As conceived here, (without any restriction on what the buyer may elect to develop), the existing 2-story 15,209 square foot office/flex warehouse will be expanded vertically, to a 4-story 51,670 square foot creative office project with ground floor retail and/ or restaurant space. Located in the heart of San Francisco South of Market District (SOMA), amidst high rents, low vacancy, and a demand for space that radically outstrips supply, the site is ideally suited for additional density.
SOMA/Showplace Square | Eastern Neighborhoods | Urban Mixed Use Zone:
The Urban Mixed Use (UMU) District is intended to promote a vibrant mix of uses while maintaining the characteristics of this formerly industrially-zoned area. It is also intended to serve as a buffer between residential districts and PDR districts in the Eastern Neighborhoods. Within the UMU, allowed uses include production, distribution, and repair uses such as light manufacturing, home and business services, arts activities, warehouse, and wholesaling. Additional permitted uses include retail, educational facilities, and nighttime entertainment. Housing is also permitted, but is subject to higher affordability requirements. Family-sized dwelling units are encouraged. Within the UMU, office uses are restricted to the upper floors of multiple story buildings.