161 Starlite, located in the thriving commercial district in South San Francisco, presents a rare investment opportunity in a tight market. This 3 unit 64,103 SF industrial building sits on an expansive 2.14-acre lot in the path of progress. All units provide rare dock high and grade level loading. T5L zoning allows for various commercial uses and valuable dense future residential development. This is an ideal covered land play. With one 29,639 SF unit vacant, representing almost 50% of the total square footage, it accomodates owner user candidate. Investors have immediate upside potential to lease out the vacant space, and roughly1.5 years to re-lease the occupied units or reposition the asset. Rarely does an asset provide for immediate increased revenue stream plus development potential in South San Francisco. The property's prime location, combined with its flexible zoning, makes it an appealing choice for investors aiming to capitalize on South San Francisco's expanding economy and demand for commercial or mixed-use projects.