Description
This handsome concrete building, built in 1988, has a Moderne derived appearance
with its dark accent trim around its two rollup doors. The larger of the two doors is motorized. The 31 foot width of the building allows for a much more flexible use of space than the standard lot size.
Inside are two mezzanines, front and rear. The front mezzanine, with windows overlooking the Treat Ave street trees, has a separate doorway to the street in addition to an interior staircase to the warehouse space. It can function independent of the warehouse space and has a full bath and forced air heat. The rear mezzanine, accessible by a spiral staircase from the warehouse, was installed later and may not be to code. Main warehouse ceiling height is 22 feet. There is a half bath in the warehouse and all spaces have sprinklers. Electric service is substantial with a 225 amp main. This is a pride of ownership building in excellent appearance and condition. HOA dues are $280/month. This type of workspace in this area rarely comes on the market.
The warehouse space is rented to a shipping company for $3814/month on a monthly rental. The tenant can vacate with a 90 day notice to the owner and the owner can evict with a 90 day notice to the tenants. This zoning district prohibits certain uses such as residential and retail. HOA rules prohibit certain businesses: food service, automotive repair, veterinary, or any other business that would drastically increase insurance rates for the building.
Area
The Mission District has been the site of a renaissance in residential, commercial, industrial and culinary use. The widespread development and gentrification in this neighborhood has been controversial but has greatly changed it's formerly raffish character. Property values have soared in the Mission and should remain a very good investment. This particular block of Treat is one way (heading south) and more attractive due to the large street trees and the
lack of buildings directly across the street.
Map
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