West Pacific Ave is gradually developing into a funky and unique collection of buildings and businesses. So we were pleasantly surprised to hear from a tipster that one of our all time favorite warehouses (that was still being used as a warehouse) down there was finally on the market.
The longtime Sylvan Warehouse at 116 W. Pacific is a gem, and it has the three critical amenities that make any warehouse ripe for a conversion to some other use:
- Old-timey hand-painted signage on exterior walls
- Generous loading dock
- Proximity to railroad viaduct
All kidding aside this building is a biggun at 30,000 sqf over 3 floors
plus a full basement. Since condos these days are so 2005, and in keeping with today's market we'd love to see it become office/retail space to add to the existing pool of businesses, employees and rehabbed buildings down there.
Asking price: $850,000 (~$28/sqf)