As we outlined in September of last year:

Built for an Italian men’s club in 1919, complete with a gym, boxing ring, and private social/supper club space, the ornate “Garibaldi Hall” at 435/443 Broadway, which is now on the market, has a storied history to tell.

The roughly 12,000-square-foot building was sold to the Caballeros de Dimas-Alang, a Filipino fraternal organization, in 1945. And in the early 1970’s, Ness Aquino opened Mabuhay Gardens, a Filipino restaurant and nightclub, on the building’s second floor.

In 1976, Ness inked agreements with promoters Dirk Dirksen and Jerry Paulsen to start booking punk rock and new wave bands into the venue. And “The Fab Mab” was soon the venue of choice for the likes of the Dead Kennedys, Black Flag, Iggy Pop, the Ramones (with Robin Williams as their opener), Devo, Motorhead and Metallica (circa 1982).

Mabuhay Gardens shuttered in the late 1980’s. Broadway Studios opened as a conference and event space in 1989, with the Velvet Lounge, Club 443 and now “F.A.M.E.” below.

And while the price for the building has been set at $9.75 million last year, which didn’t include the liquor licenses for FAME and Broadway Studios, which were slated to “cease [operations] upon sale,” the asking price for the building is now down to $7.85 million and listed as “100% leased.”

Comments from Plugged-In Readers

  1. Posted by Notcom

    Given the date and size (too small for a steel frame) I’m guessing it’s in line for a seismic upgrade…I don’t see much evidence of one having been performed (tho admittedly since I’m not an engineer I’m restricted to looking for obvious signs like anchor bolts and external frames). If that’s in fact the case I would think it would run a pretty penny…tho maybe an asking of ~$800/gsf reflects that.

    • Posted by Pablito

      DBI webpage says permits for UMB seismic upgrade were done in 1998 through 2006. Permit 9806960 …

      • Posted by Notcom

        Thanks !! I went back and did a ‘google maps’ looksee and it does appear there are some anchor bolts on the west wall…so good to know.

  2. Posted by cole

    New home for the The Stud?

  3. Posted by SFNative

    Socketsite thanks for the great history lesson on the property, super cool.

Add a Comment

Your email address will not be published. Required fields are marked *

Recent Articles