OFFERING MEMORANDUM 2455 Harrison St · 2016. 7. 7. · 2455 Harrison St OFFERING MEMORANDUM...

INVESTSF, HELPING CLIENTS DEVELOP WEALTH SINCE 1989

415.816.9133

225 Valencia St.

San Francisco, CA 94110

2455 Harrison St

OFFERING MEMORANDUM

PRESENTED BY:

Director, New Construction [email protected] #01045513

SUZANNE GREGGBroker [email protected] #01950757

MITCHELL LANDSINGER

SAN FRANCISCO, CA

OFFERING MEMORANDUM

www.InvestSF.com 2

INVESTSF, HELPING CLIENTS DEVELOP WEALTH SINCE 1989

415.816.9133

225 Valencia St.

San Francisco, CA 94110

Confidentiality & Disclaimer

OFFERING MEMORANDUM

All materials and information received or derived from InvestSF, Helping Clients Develop Wealth since 1989 its directors, officers, agents,advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy,condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financialperformance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither InvestSF, Helping Clients Develop Wealth since 1989 its directors, officers, agents, advisors, or affiliates makes any representation orwarranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials andinformation from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of itsown due diligence to determine these and other matters of significance to such party. InvestSF, Helping Clients Develop Wealth since 1989will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspectionsand investigations including through appropriate third party independent professionals selected by such party. All financial data should beverified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independentprofessionals. InvestSF, Helping Clients Develop Wealth since 1989 makes no warranties and/or representations regarding the veracity,completeness, or relevance of any financial data or assumptions. InvestSF, Helping Clients Develop Wealth since 1989 does not serve as afinancial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by theparty with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions shouldbe discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, otherconsultants and governmental agencies. All properties and services are marketed by InvestSF, Helping Clients Develop Wealth since 1989 incompliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty orrepresentation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, orwithdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance ofthe property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

PRESENTED BY:

Director, New Construction [email protected] #01045513

SUZANNE GREGGBroker [email protected] #01950757

MITCHELL LANDSINGER

SAN FRANCISCO, CA

http://www.InvestSF.com

www.InvestSF.com 3

PROPERTY INFORMATION

1 | PROPERTY INFORMATION

EXECUTIVE SUMMARY

PROPERTY DESCRIPTION

ADDITIONAL PHOTOS

1PROPERTY INFORMATION

2455 HARRISON ST

2455 HARRISON ST

PROPOSAL FOR COMMERCIAL SERVICES

OFFERING MEMORANDUM


Executive Summary

2455 HARRISON ST 1 | PROPERTY INFORMATION

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PROPERTY OVERVIEWRare development opportunity in the highly desirable Mission Districtof San Francisco. Currently occupied by a small industrial buildingand parking lot and rented for $2,750 per month. This property hasgreat potential for a multitude of development option includingbusiness services and residential options. The current owners haveexplored the possibilities of building a new mixed use building basedon applicable UMU zoning regulation. Renderings of this explorationhave been created though no permits or plans have been approvedyet.

Rare San Francisco Land Development Opportunity

Highly Desirable Media Gulch/Mission Location in SanFrancisco

Currently rented month to month at $2,750/month

Close proximity to Restaurants, Neighborhood CommercialDistricts, and Various Transportation Options

Clean Phase I and II reports available

SALE PRICE: $1,895,000

PRICE PER ACRE: $31,748,538

LOT SIZE: 0.06 Acres

APN #: 4084026

ZONING: UMU

MARKET: Mission District

SUB MARKET: Media Gulch

CROSS STREETS: 20th St


PROPERTY OVERVIEWRare development opportunity in the highly desirable MissionDistrict of San Francisco. Currently occupied by a smallindustrial building and parking lot and rented for $2,750 permonth. This property has great potential for a multitude ofdevelopment option including business services andresidential options. The current owners have explored thepossibilities of building a new mixed use building based onapplicable UMU zoning regulation. Renderings of thisexploration have been created though no permits or planshave been approved yet.

LOCATION OVERVIEWLocated in a bustling mixed use district, offeringrestaurants, coffee shops, shopping, gyms, an easy accessonto major commuting streets and highways. In addition tobeing close to the heart of the Mission district, this uniquelocation offers a multitude of accepted uses.

Property Description


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Additional Photos



LOCATION INFORMATION

2 | LOCATION INFORMATION

LOCATION MAPS

AERIAL MAP

2LOCATION INFORMATION

2455 HARRISON ST

2455 HARRISON ST


OFFERING MEMORANDUM

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Location Maps

2455 HARRISON ST 2 | LOCATION INFORMATION


Aerial Map

2455 HARRISON ST 2 | LOCATION INFORMATION

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DEMOGRAPHICS

3 | DEMOGRAPHICS

DEMOGRAPHICS MAP

3DEMOGRAPHICS

2455 HARRISON ST

2455 HARRISON ST


OFFERING MEMORANDUM

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* Demographic data derived from 2010 US Census

Demographics Map

2455 HARRISON ST 3 | DEMOGRAPHICS

ETHNICITY 0.5 MILES 1 MILE 1.5 MILES

% HISPANIC 49.7% 37.2% 27.9%

RACE 0.5 MILES 1 MILE 1.5 MILES

% WHITE 70.6% 70.8% 68.8%

% BLACK 2.7% 3.5% 5.1%

% ASIAN 12.2% 12.9% 14.2%

% HAWAIIAN 0.0% 0.1% 0.3%

% INDIAN 0.7% 1.0% 0.8%

% OTHER 10.5% 8.2% 7.1%

POPULATION 0.5 MILES 1 MILE 1.5 MILES

TOTAL POPULATION 22,850 77,921 150,285

MEDIAN AGE 33.5 35.0 36.2

MEDIAN AGE (MALE) 33.0 35.0 36.6

MEDIAN AGE (FEMALE) 34.1 34.9 35.6

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

TOTAL HOUSEHOLDS 7,856 31,125 64,904

# OF PERSONS PER HH 2.9 2.5 2.3

AVERAGE HH INCOME $91,022 $99,880 $105,873

AVERAGE HOUSE VALUE $738,558 $835,911 $844,156

OFFERING MEMORANDUM 2455 Harrison St · 2016. 7. 7. · 2455 Harrison St OFFERING MEMORANDUM...

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