271 Dore Street
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Address: 271 Dore|468 9th
Parcel Number: 3525-012
Gross Bldg. Area: 7500 (as per tax records)
Parcel Area: 9077 (as per tax records)
Floors: One with Mezzanine
Parking Lot: Approximately 9 cars
Year Built: 1934
Zoning: SALI - SALI - Service/Arts/Light Industrial
Height Limit: 40/55-X
Occupancy: To be Delivered Vacant
Construction Type: Poured in Place Concrete and Wood Frame
Exterior Façade: Stucco
Roof: Sealed Membrane
HVAC: Gas Heat
Electrical: 400 Amp 3-Phase
Unique opportunity to purchase and renovate prime south of Market district warehouse with an attached parking lot. Currently occupied by Lennon Studios, San Francisco's premier professional music rehearsal studios, since 1984.
The subject property currently consists of a large auditorium|sound stage, retail shop, 10 rehearsal rooms, mezzanine with 2 offices, 4 restrooms, ample storage space, and side patio that is adjacent to the parking lot.
City records indicate an approximately 7500 sqft two-story building inclusive of the mezzanine space on an approximately 9077 sqft lot, zoned SALI - Service/Arts/Light Industrial offering owner|users, and investors a plethora of occupancy opportunities such as showroom, retail, and a variety of acceptable creative related uses.
The street to street property provides building access from 9th Street with dock-high roll-up door in addition to Dore Street access via the secured parking lot that features a ramp to dock-high roll-up door and adjacent stairs. This building features a soaring wood frame bowed truss ceiling and poured in place concrete construction with multi-purpose rooms throughout, skylights, and heavy power.
271 Dore Street aka 468 9th Street is easily accessible, located off Highway 101 in the heart of South of Market. Convenient public transportation abounds with MUNI & BART within walking distance.
The Mid-Market tech hub remains one of the most desirable markets for commercial investments in the entire county with surging rents, low vacancy factor, strong demographics, and employment trends add value to this unique opportunity.
Neighboring Technology Headquarters:
• Airbnb • Twitter • Pinterest • Yahoo • Weebly • Facebook • Zoosk • Zendesk • Spotify • Benchmark Capital • WeWork • Liftopia • Skillz • Dolby Laboratories • Twitter • Uber • Square • Molekule
Light industry once ruled this quiet backwater district; printing presses, welders, motorcycle repair, with a few dance spots thrown in for good measure. San Francisco had its dot-com explosion in the 90's and suddenly it was hip to live and work in SOMA. 3rd street saw the introduction of a major SF MOMA location, followed by Yerba Buena, and the Jewish Museum. Things very quickly shifted as multimillionaire tech companies began populating the office spaces and lunchtime eateries, shifting the neighborhood's economic fortunes forever.
Once unremarkable warehouses were transformed into offices that boasted the latest internet connectivity. Old printing factories now became the city's hottest luxury lofts. This period also saw the rebirth of the Ferry Building at the end of Market Street. This classic historic structure morphed quickly into an exceptional food emporium and farmers market location without rival. SOMA remains today an urban district where dreams are made, in a comfortable setting unlike any other and all within biking or walking distance.
Excellent Access to Transit. Currently under construction, the Central
Subway line travels along 4th Street with an above-ground station at 4th and Brannan Streets — just blocks away from the Property. The King Street Caltrain Station is a short walk from the Property. Access to Interstate 80 is two blocks to the east of the Property.