220 9th ST, San Francisco, CA 94103 - MLS#424069874

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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Eric M Chin Coldwell Banker Realty

$ 14,800,000

Est. payment -/mo

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Price Dropped by $1.7M

220 9th ST San Francisco, CA 94103

23,576 SqFt

UPDATED:

10/15/2024 11:59 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 23,576 sqft

Price per Sqft $627

MLS Listing ID 424069874

HOA Y/N No

Year Built 1924

Lot Size 0.370 Acres

Acres 0.3701

Property Description

$1.7m price drop, was asking $16.5m. Seller can work with a qualified buyer for a 1-2 year long close with a negotiable non-refundable deposit and carry a loan. Potential to increase the number of units if developed into low or affordable housing. Centrally located in WSOMA, this building complex is poised for a transformative redevelopment. After seven years of close collaboration between the owner, architect, the general public, and various city departments, the project is ready. It is time for a seasoned developer to bring the project to fruition and build much-needed housing in the City of San Francisco. The planned redevelopment envisions a striking 6-story building that preserves the historic front facade on 9th Street, seamlessly blending past and future. The property features a front building on 9th Street with a 50-foot frontage, a rear building on Dore Street with a 125-foot frontage, and spans a 16,000 SF lot with dual street access. The redevelopment plan includes 68 residential units, ground-level bike parking for around 74 spaces, and a 2000-square-foot commercial retail space. The unit mix comprises 15 studios, 25 one-bedroom units, and 28 two-bedroom units, with a design that integrates open space to enhance living quality. This project honors the building's

Location

State CA

County San Francisco

Area Sf District 9

Interior

Fireplace No

Building

Story 2

New Construction No

Others

Tax ID 3518002

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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