221 - 225 11th Street
221 - 225 11th Street
San Francisco, CA 94103
For Sale
Investment Opportunity Offered at $6,350,000

Corcoran Commercial is pleased to present this Investment / Owner User Opportunity to acquire a property located in San Francisco's Western Soma District. The Offering is a three-story building located on 11th Street known as "Don Ramon's" restaurant. 

The Offering "Property" consists of approximately 11,400 Square Feet, three-story building. The first two stories are currently occupied by Don Ramon's Restaurant and Bar. The 3rd. Floor is vacant and zoned for general office - large open floor plan with 4 private offices, kitchen area, and 2 restrooms. The 2nd floor can continue to be used as part of the first-floor restaurant or easily converted back to it's original use as general office.

With the entire property can be vacant upon sale it can be suited for many types of investors: Owner User - Investment Opportunity - Potential Development. Check with the city regarding the density bonus program for development and additional height limits.

Neighborhood Description: 

The South of Market (SoMa) neighborhood is an industrial and urban area filled with converted warehouses, art galleries, bookstores, trendy bars, chic furniture showrooms, and some of San Francisco’s most celebrated restaurant and nightclub destinations. Also within its borders you will find some of the city’s only big box chain stores who have taken advantage of the topography.

Historically an area created on the “wrong side” of the Market Street cable car track, full of factories and Gold Rush immigrant workers, it evolved into one of the most well-known areas in the 1990s: dot-com boom central. Since the sizzle cooled, many businesses associated with the boom have closed, but new tech companies have not been deterred from moving in. SoMa is a rejuvenated district where in 2012, a young giant in the technology industry — Twitter — put down roots at the corner of Market and 10th Street, inspiring new businesses to move in to cater to the young professionals and a long list of other tech companies following suit.

SoMa is also a magnet for visitors from around the world for its famed stretch along Eleventh and Folsom known as the heart of the gay leather and S&M scene, and home to the annual fetish street fest called Folsom Street Fair.

What SoMa lacks in terms of personal outdoor green space, quiet living quarters, and parking, it makes up for in gripping energy, trendy nightlife, and its thriving tech industry.

Features
  • Year Built: 1928
  • Stories: 3
  • Building SF: 11400
  • Lot Size: 4317
  • Zoning: Red-Mx
  • Ceiling Height: 12 -8
  • Open Floor Plan
  • Foundation: Concrete
  • Roof: Built-up Comp
  • Frame: Concrete Block - Wood
  • Elevator: Freight
  • Parking: Street
  • HVAC: Forced Heating System
  • Bathrooms: 2 - Each Floor
  • Street Frontage: 47 Feet
221 - 225 11th St
San Francisco, CA 94103

Gary Tribulato

Corcoran Global Living
Corcoran Global Living
415.828.7814
DRE:# 01220884
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