2350 Market Street

Listed for $2.4 million in July and reduced to $1.9 million after a week, the sale of the former Streetlight Records building at 2350 Market Street has closed escrow with a reported contract price of $1.85 million.

Delivered vacant by the owner of the store and building, after 35 years in business on Market and with a property tax basis of $389,454 last year, the site is a prime candidate for redevelopment as it’s zoned for development up to 65-feet in height.

That being said, the existing two-story building does fall withing the “Upper Market Street Commercial Historic District Extension” and was originally constructed around 1900. We’ll keep you posted and plugged-in.

Exploratory plans for opening a medical cannabis dispensary on the site were thwarted by its proximity to the Randall Museum which primarily serves persons under 18 years of age.

Comments from Plugged-In Readers

  1. Posted by David A. Levy

    From what I’ve heard there is a terrible water runoff from the hill behind the building…and the building experiences lots of water intrusion!

  2. Posted by jamesjr

    The Randall Museum? That’s at the top of Corona Heights. What’s the problem?
    Visiting the museum will make underage teens create fake IDs to use at the dispensary?

    [Editor’s Note: Medical Cannabis Dispensaries are not allowed within 1,000 feet of a school or recreational facility that caters to those under 18 years of age in San Francisco.]

    • Posted by kbbl

      Best I can tell it’s at least 2100 feet walking distance between the two locations.
      I’ll never understand why as-the-crow flies distances apply to zoning rules like this.

      • Posted by Sara Short

        We have to protect under 18 year old crows….

    • Posted by JR "Bob" Dobbs

      The Randall is closed for construction for about another year. I wonder if they can sell weed (yeah, uh, for medical purposes . . .) until then? Maybe earn back at least some piece of the purchase price?

    • Posted by Mark F.

      But it’s okay if they are 1001 feet away? Makes total sense.

      • Posted by Brian M

        zoning rules are often arbitrary. If the setback requirement was based on something more direct (but expensive to document) you would complain about that.

  3. Posted by skyscraperluvr

    A 6 story skinny building would look cool here.

    • Posted by curmudgeon

      I think it would look bizarre. And probably uneconomic on that size parcel.

      • Posted by bleeper

        It would look bizarre? Based on what exactly? Your imagination?

        • Posted by NoeNeighbor

          And you are so upset! Why!

          • Posted by Sierrajeff

            Exactly, thank you. Your response that it would look bizarre, while subjective, is no less subjective than @skyscraperluvr’s opinion that a 6-story skinny here would look good. After years of internet comment boards, I still don’t understand that another person’s subjective opinion is no less (or more) valid than their own.

  4. Posted by Jason

    I’m just bummed that my only neighborhood record store is gone. It wasn’t the best, but I did still drop money there regularly. The building is nothing to love.

  5. Posted by soccermom

    Even if it is 65′ tall, 45% of the floor plates will be dedicated to circulation with two stairways down + an elevator. Probably still better ROI to have a 4-floor walkup.

    • Posted by soccermom

      There was another 25′ wide building somewhere down in SOMA that was featured here recently – can’t remember the address. All those stairs don’t leave much room for living space…

      • Posted by curmudgeon

        That was exactly my thought above, soccermom, although I didn’t fully explain it. If they acquired the truly ugly piece of 1960’s dreck to the left (the WORST retail frontage in the castro) then they’d have a parcel worth developing. EVEN to 65 feet…although I’d prefer to see height on the corner rather than mid-block. And yes, that’s subjective.

        • Posted by CopymatAnyone

          I think the worst retail frontage in the Castro is on this same side of Market but a bit closer to Castro (next to Catch). That copy place, tax office, dental office weird one story combo that looks like something out of suburbia. I would love to see a photo of what was there prior. I’d love even more to see it replaced with something more suitable for that block.

          • Posted by BobN

            It certainly does seem out of place. On the other hand, it has a village-y vibe that I like.

          • Posted by Sierrajeff

            Just dined at Bisou this weekend, sitting at the window bar, so happened to think about this block frontage quite a bit recently.

            In one sense I hear you and completely agree – all of these buildings are “out of place” for a dense urban environment, and should be built up. At the same time, we need to recognize that they were *not* out of place as recently as 15 or 20 years ago (and certainly not 30 or 40 or 50). To me, storefronts such as the copy place (didn’t it used to be a film shop? I remember they always posted pictures of Folsom, Castro Street Fair, etc.) harken back to a different era of California urbanism – it reminds me of, say, Coronado or the old iteration of Venice. And I remember first visiting the Castro in 1991; it was still a much more village-y feel than “dense urban setting” such as Greenwich Village might be.

            That definitely seems to be out of place now, and not what we now want for inner, transit-heavy areas such as the Castro. But I don’t think their original incarnation should be damned as inappropriate, because I think they *were* appropriate for their place and time.

          • Posted by curmudgeon

            Disagree, partially because like SierraJeff I have nostalgia for that old film development place with the windows full of local beefcake. Part of the gayborhood that is long gone. But even if it’s not urban, the fact that it has a little courtyard along Market gives a little variation to the street, and would’ve provided a great place for a café, but no tenant ever has really taken advantage of it. No….I think the Worn out West/Frame shop buildings are worse in any number of ways….really awkward stairs up or down to retail uses, huge security gates, absolutely no architectural distinction….would love to see them torn down!

          • Posted by CopymatAnyone

            Yes, I had film developed there in the 80’s, and the employees left fingerprints all over the pictures. Density appropriateness aside, It was hideous architecture then, and it is now. That side of Market has always felt like a dead zone.

          • Posted by REPornaddict

            I like that stretch of the Castro. Prefer it to, say, the main block or two of Castro itself. Don’t exactly know why, but I do. Having said that, Streetlight was perhaps, along with Rolo, my most visited store there, so that may end…!

  6. Posted by Charlie

    That’s an old picture. Bill Lentini left town 5 years ago.

    • Posted by curmudgeon

      yeah, the pic shows the bar next door during reconstruction after the fire. That was years ago.

  7. Posted by zig

    What is the rules pertaining to curb cuts for the new condos likely going in here? This building would have no other street access for parking

    • Posted by curmudgeon

      Curb cuts are heavily discourage on Market…I don’t think you could get one. But, there’s also no need of parking in this location.

      • Posted by Sierrajeff

        Even I would agree that this is a location where units can and should be offered without any parking.

  8. Posted by butdoesitmatter

    and it shows Castro Gulch, which is now Worn Out West

    • Posted by Sierrajeff

      Not for long – isn’t WOW closing too?

  9. Posted by Dave

    I would think 4 stories walk-up would be more economical as someone above said. Because at 6 stories and with elevator a fair chunk of each floor plate will be taken up by the access structures.

    Maybe new owner could look into purchasing adjacent building to provide for a larger footprint for whatever they propose to build here.

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