(EDITOR’S NOTE: According to sources with knowledge of the market and this type of property, the pricing guidance on this asset is in the $10-$11 million range.)
San Francisco – Beckett Capital Inc, as exclusive advisor is pleased to offer for sale the 100% fee simple interest of 1465 Valencia Street (the “Property”), an outstanding owner/user or development opportunity located in San Francisco’s coveted Valencia Street corridor.
Located on Valencia Street between 25th and 26th Streets just three blocks from the 24th Street BART, the Property consists of a 11,353 sf building on 12,331 sf of land. The Property has 105 feet of frontage on both Valencia Street and Orange Alley and benefits from a 55-foot height limit. 1465 Valencia provides a rare opportunity for owner/users to acquire a prime property with onsite parking. For developers the site allows for new residential, group housing, hotel or mixed-use development.
The Property is located in the amenity-rich Valencia Street Corridor. Valencia Street also benefits from superb access: it is centrally located, and there are two BART stations in close proximity (at 16th and 24th Streets.)
1465 Valencia offers developers a rare opportunity to develop a rare urban infill site in one of the most supply-constrained markets in the United States.
Contact David Noravian of Beckett Capital for more information.
About Beckett Capital Inc.
Beckett Capital Inc, Beckett Capital is a commercial real estate services firm specializing in urban redevelopment and repositioning opportunities in the San Francisco Bay Area. It concentrates on disposition and acquisition strategies for clients that focus on ground up residential, hotel, mixed-use and office product.