Purchased for $749,000 in 1988, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to the recently shuttered BrainWash cafe and laundromat for nearly three decades, is now on the market with a $4.95 million price tag.
The 4,000-square-foot Folsom Street parcel upon which the 1122-1126 Folsom Street building currently sits is zoned for development up to 65 feet in height, the highest height to which the adjacent new development at 99 Rausch, which has been fingered for the demise of BrainWash, now rises.
But do keep in mind that the existing building, which was built in 1923, has been identified as a potential historic resource and contributor to the Western SoMa Light Industrial and Residential Historic District.
And yes, the seller founded BrainWash in 1989 but then sold the business, while keeping the building, a few years later. We’ll keep you posted and plugged-in.