323 S Canal St

For Sale

323 S Canal St, South San Francisco, CA 94080

This South San Francisco property for sale is located at 323 S Canal St. The general use of 323 S Canal St is industrial and it incorporates 11,000 square feet of class C industrial space. The current listed sale price for 323 S Canal St is $9,500,000. 323 S Canal St is situated on a lot that is 1.3 acre in size.

Contacts

Nelson Knuth

HC&M Commercial Properties

Justin Lauer

HC&M Commercial Properties

Property Details

  • Property Type Industrial
  • Property Size 11,000 SF
  • Lot Size 1.3 Acre
  • Zoning ML00M1
  • Building Class C
  • Year Built 1963
  • Date Updated Sep 23, 2026

323 S. Canal Street presents a rare opportunity to acquire a stabilized industrial investment property in the highly desirable South San

Francisco market. The property consists of an approximately 11,000-square-foot building situated on a 56,503-square-foot (1.30-acre)

parcel, offering significant land value and long-term investment potential.

The asset is 100% leased on a triple-net (NNN) lease, providing investors with a predictable and passive income stream while minimizing

landlord responsibilities. The lease has approximately five (5) years of remaining term with no renewal options, creating the opportunity

for future rent repositioning or owner-user occupancy upon lease expiration.

The property generates a strong Net Operating Income (NOI) of approximately $360,000 annually and is offered at an asking price of

$9,500,000, representing a 3.8% capitalization rate.

Located in the heart of South San Francisco's industrial corridor with excellent access to Highways 101 and 280, San Francisco

International Airport, and the greater Bay Area, 323 S. Canal Street offers investors the rare combination of stable cash flow, an

irreplaceable land position, and long-term upside in one of Northern California's strongest industrial markets.

   

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 79/100

    Walk Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City South San Francisco, CA
  • Neighborhood Lindenville
  • Zip Code 94080
  • Market San Francisco

Points of Interest

  • San Bruno

    0.84 miles

  • Long Term Parking

    1.23 miles

  • South San Francisco

    1.96 miles

  • West Field Road

    2.08 miles

  • San Francisco International Airport

    2.60 miles

  • San Francisco International Airport (SFO)

    2.61 miles

  • Taxi Stand at SFO, Domestic Terminal 3 (Arrivals Level in front of Door 5, 6, 7, 8, 9, 10)

    2.63 miles

  • Taxi Stand at International Arrivals SFO

    2.66 miles

  • Terminal 3

    2.66 miles

  • Taxi Stand at Grand Hyatt at SFO

    2.75 miles

  • Shell

    0.35 miles

  • True Zero

    0.40 miles

  • 76

    0.43 miles

  • Valero

    0.48 miles

  • Chico's

    0.50 miles

  • Speedway

    0.63 miles

  • EV Range

    0.64 miles

  • Golden Gate Gasoline

    0.76 miles

  • Costco Gasoline

    0.90 miles

  • EVgo

    0.92 miles

  • Advantage Rent A Car

    0.03 miles

  • G&S Truck Wash

    0.67 miles

  • Fox Rent a Car

    0.78 miles

  • Airport Rent a Car

    1.38 miles

  • Alamo

    1.60 miles

  • Enterprise

    1.61 miles

  • Hertz

    1.62 miles

  • SIXT Rent a Car San Francisco Int Airport

    1.62 miles

  • Budget

    1.63 miles

  • Dollar

    1.63 miles

  • Little Green Cyclo

    0.09 miles

  • Denny's

    0.29 miles

  • Hung To Seafood Restaurant

    0.36 miles

  • Taco Bell

    0.37 miles

  • KFC

    0.37 miles

  • 47 Hills Brewing Company

    0.37 miles

  • Dunkin' Donuts

    0.40 miles

  • Togo's

    0.40 miles

  • Fil-Am Cuisine 2

    0.40 miles

  • Hawi Hawaiian BBQ

    0.41 miles

Contact 323 S Canal St
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.