Historically known for its industrial roots and lumber mills, Slabtown has undergone a dramatic transformation in recent years, bordering Nob Hill and its mix of repurposed warehouses, condos, apartments, eclectic shops, and well known restaurants. Transforming 17 acres of industrial land into a dense mixed-use development, over 1,000 apartment units have been built in Slabtown in recent years. According to census data, Slabtown population increased by a whopping 78% between 2011 and 2021.
The Savier Building serves both of these thriving neighborhoods, and is a perfect example of the unique blend of old and new which is found here. Local tenants Aria Gin and Baby Barrels focus on wine and liquor sales and production. There is one vacant 4,434 SF flex space, fully built out with 11 private offices with abundant natural light, along with storage and warehouse space.
This property is an ideal acquisition for an owner-user who can occupy the vacancy, and benefit from the income generated by the building tenants.