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220 9th St
San Francisco, CA 94103
Multifamily Property For Sale
·
68 Units


Investment Highlights
- Well-designed housing redevelopment project ready for a seasoned developer to build
- Proposed 6-story building with historic front facade preservation on 9th Street
- Proposed 68 residential units consisting of 15 studios, 25 one-bedroom, 28 two-bedroom
- Centrally located WSOMA industrial building on a 16,000 sf lot with dual street access
- 50-foot frontage on 9th Street and 125-foot frontage on Dore Street (2-way street)
- There is a ground-level bike parking for 74 spaces and a 2000-square-foot commercial retail space
Executive Summary
Huge 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. The project is ready after seven years of close collaboration between the owner, the architect, the general public, and various city departments. 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 heritage while embracing a bold new vision.
Centrally located in WSOMA, this building complex is poised for a transformative redevelopment. The project is ready after seven years of close collaboration between the owner, the architect, the general public, and various city departments. 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 heritage while embracing a bold new vision.
Property Facts
| Price Per Unit | $278,029 CAD | Building Class | A |
| Sale Type | Investment | Lot Size | 0.37 AC |
| Sale Condition | Redevelopment Project | Construction Status | Proposed |
| No. Units | 68 | Building Size | 68,000 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 2027 |
| Apartment Style | Mid-Rise | ||
| Zoning | Rm2 - Multi-family | ||
| Price Per Unit | $278,029 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.37 AC |
| Construction Status | Proposed |
| Building Size | 68,000 SF |
| No. Stories | 6 |
| Year Built | 2027 |
| Zoning | Rm2 - Multi-family |
Amenities
Site Amenities
- 24 Hour Access
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | - |
| 1+1 | 25 | - | - |
| 2+1 | 28 | - | - |
Property Taxes
| Parcel Number | 3518-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $16,654,065 CAD | Total Assessment | $16,654,065 CAD |
Property Taxes
Parcel Number
3518-002
Land Assessment
$16,654,065 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,654,065 CAD
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