Post date: Jan 15, 2016 8:29:32 PM

From LoopNet. Next to Sightglass on 7th. The listing seems to be leaving open whether the existing building is worth reusing.

Description

Janice Lee from Coldwell Banker is pleased to offer investors and developers the opportunity to purchase 280 7th Street. Potential site for 29 Lofts/Condos and Retail/Restaurant on the ground floor. The existing one to two story building includes a 5636 sqft nightclub with about 750 sqft of accessory retail and office space comprising of approximately 6386 gross square feet of commercial building, located in the heart of South of Market (SOMA). 280 7th Street was occupied by a well known nightclub, commonly known as Club Hide. Retrofit work and electrical update was completed in 2000. There is one off-street parking space and the height of the two-story building is approximately 35 feet. The SLR zoning currently allows for 65X height and may be a prime development site. The lot is approximately 6500 gross square feet of land and extends onto Langton Street.

The project site is located midblock on a block bounded by Howard Street to the north, Seventh Street to the east, Folsom Street to the south, and Langton Street to the west. Due to the central location, the area is undergoing tremendous commercial, residential and transit developments. Located close to Market Street and the dynamic night life of the city. The property is steps from BART, MUNI, freeways and CalTrain and all the wonderful shops, bars and eateries in the SOMA. The location is within a few blocks of many of San Francisco' s most-desirable tech tenants, including Twitter, Advent, Adobe, Pinterest, Airbnb, Dolby, Uber, Square, The Site is also walking distance to many of San Francisco' s most convenient retailers, includ-

ing Costco, Safeway, Trader Joe' s, Nordstrom Rack, Bed Bath & Beyond, and many others.

This is a good opportunity to own a property represents the heritage and heart of San Francisco. It has a Walk score of 96 - a Walker's Paradise! It also has a Transit Score of 100 - a Rider's Paradise too! The Site is being offered for sale unentitled and in as-is condition.