530 State St

EXCELLENT LOCATION... Centrally located on State Street in a vital position on its most vibrant block this highly visible building offers high ceilings, a unique configuration and roll-up door allowing a multitude of uses and ample parking in the adjacent City lot. In addition, its high-density housing overlay provides investors, developers or owner/users with immense opportunity to add significant value, develop additional square footage or housing, or owner occupancy. Short distances to the red-hot Funk Zone and the highly desirable coastline give this property widespread appeal.
...WITH VERSATILITY The property offers supreme flexibility for a new owner, with a natural dividing line between the front and rear portions of the building. The 4,000 SF facing State Street features good retail frontage on the shady side of the street while the 7,000 SF rear portion opens into a exposed-beam high-ceiling space with loading options and easy access to the adjacent city parking lot . A wealth of possibility for retail, office, restaurant, or light industrial uses.
Price: $4,175,000 ($365 psf)
Building Size: 11,450 SF
Land Area: 11,761 SF
Zoning: M-C
APN 037-173-026
Parking: Adjacent to City Lot
Zone of Benefit: 100%
Allowable Uses: Restaurant, retail, office, hotel,
storage, residential
Sprinklers: Yes
Loading: Ground Level, 16’ x 9’