Rare Investment Opportunity: Downtown San Francisco Parking Garage

The Palms Parking Garage

  • 116 Square Feet
  • Commercial-Specialty Retail
  • For Sale

Summary Description

The Palms Parking Garage is located at 555 4th Street, San Francisco. The Palms Parking Garage is a newly constructed, 3-level parking garage.  The offering consists of a total of 116-parking stalls, one 953 square foot condominium unit, and 6 storage units.

Property Status: For Sale

Price: $5,700,000.00

Area Available: 116 Square Feet

# Parking Stalls

116

Compact Stalls

59

Large Stalls

57

Features:

  • Newly constructed covered parking garage directly on the bustling 4th Street corridor
  • 3 levels, above-ground parking structure totaling 116 parking stalls
  • 6 storage spaces
  • 1 large one-bedroom residential condo with a balcony (953 square feet) with no rent control that could be sold vacant
  • Parking spaces can only be rented to condo owners per the CC&Rs
  • No restriction on parking rates per the CC&Rs

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