1 0 8 8 H OWAR D STR E E T SAN FRANCISCO
VANGUARD PROPERTIES
1 0 8 8 H OWA R D ST R E E T
SAN FR AN CISCO
24 RESIDENTIAL UNITS + 1 COMMERCIAL UNIT DEVELOPMENT OPPORTUNITY
SOMA - 7th & Howard Street Fully Entitled, planning approval, site permit paid for and picked up Offered at $5,500,000
EXCLUSIVELY MARKETED BY:
JAMES NUNEMACHER | 415.519.7772 jn@vanguardsf.com
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DRE#00913606
VANGUARD PROPERTIES
PROPERT Y OV E RV IE W
D EVELO P M E NT S P EC S : • Planning approved and site permit has been paid for and picked up
• Residential density: No limit • Open space: 2,565 square feet
• Structural and foundation addenda were filed 5/13/21 and will be approved shortly
• No parking proposed
• Lot width and depth: 50’x90.125’
• Retail: 2,559 square feet
• Lot area: +/-4,506 square feet
• Residential net: 15,475 square feet
• 24 two-bedroom units (3 BMRs)
• Net saleable: 18,034 square feet
• Total bedrooms: 48
• Total gross: 24,057 square feet
• Building height: 70’-7”
• Average residential floor plate: +/- 2,542 square feet
• Rear yard: 1,127 square feet (25%)
• Average residential floor common space: +/- 700 square feet
• Zoning: MUG • Existing historic building incorporated into design • Height limit: 85-X • Architecture by Schaub Ly Architects
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FIN ISHES & DE TA ILS SMOOTH STUCCO
PAINTED CONCRETE
METAL RAILING
ALUMINUM WINDOWS
PERFORATED ALUMINUM
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WALK S COR E :
97
WALKER’S PARADISE
Daily errands do not require a car.
TR AN SI T SCOR E:
100
RIDER’S PARADISE
World-class public transportation.
BI K E SCO RE:
97
BIKER’S PARADISE
Flat as a pancake, excellent bike lanes.
SUBJECT SITE
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SOMA Central SOMA has come back, and at 1088 Howard, you are surrounded by all kinds of new San Francisco culture, enterprise, retail, transportation, and a plethora of new businesses. This is a scene of people coexisting in true urban form. Coffee, cuisine and culture collide at this crossroad. Go places near and far with ease. Take BART, catch an Uber, walk, bicycle or drive. The choice is yours. Neighborhood amenities include Blue Bottle Coffee, Waystone, Dottie’s True Blue Cafe, Saint Frank, Frena and Montesacro, to name a few. Best of all, gorgeous architecture can be found around every corner. Nearby employers include Zendesk, Uber, Square, Twitter and Dolby to name a few. Numerous large and small commercial & residential development projects point to massive infrastructure investment being made into Central SOMA.
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A RC HI TEC T U R A L P LA N S
GRO UN D F LOO R
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S E C O N D F LO O R
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A RC HI TEC T U R A L P LA N S
T HI R D F LO OR
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(SUC C E E D I N G F LO OR S A R E S I M I LA R .)
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A RC HI T ECT U R A L P LA N S
RO OF
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CONFIDENTIALITY & DISCLAIMER STATEMENT This Offering Memorandum contains select information pertaining to the business and affairs of the Property at 1088 Howard Street, San Francisco, CA. It has been prepared by Vanguard Properties. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Vanguard Properties. The material is based in part upon information supplied by the Seller. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. By acknowledging your receipt of this Offering Memorandum from 1088 Howard Street you agree: 1) The Offering Memorandum and its contents are confidential; 2) You will hold it and treat it in the strictest of confidence; and 3) You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Vanguard Properties expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered. If you wish not to pursue negotiations leading to the acquisition of 1088 Howard Street or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Vanguard Properties or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date of this Offering Memorandum. Market and neighborhood statistics courtesy of SFAR MLS. The accuracy of the information has not been verified by Vanguard Properties. Nothing contained herein should be considered to be a legal opinion of any kind and should not be relied upon as such. ©2021 Vanguard Properties. All rights reserved. DRE License No. 01486075. Equal Housing Opportunity
JAMES NUNEMACHER | 415.519.7772 jn@vanguardsf.com 2501 MISSION STREET, SAN FRANCISCO CA 94110 DRE# 01486075
DRE#00913606