The former furniture warehouse 67-69 Belcher Street, which measures nearly 19,000 square feet and was slated to be demolished decades ago, was acquired by artists Spaulding Taylor and Win Ng in 1977 and converted into an art gallery (69 Belcher), studio space and a one of a kind, roughly 8,000-square-foot loft residence (67 Belcher) designed by architect Ira Kurlander and Johnathan Straley.
With Ng having died in 1991, Taylor sold the building for $1.75 million in 1996. The property returned to the market listed for $6.9 million in 2007 but failed to sell. And the building ended up trading for $9.35 million in March of 2016, repositioned as a development site, with a 40-foot height limit, and listed for $12.5 million in the fourth quarter of 2015.
With a new set of plans to completely remodel and further expand the residence having since been drafted, the property returned to the market listed for $10 million last year, offering “endless development possibilities” and flaunting the concept designs for building “the coolest house in San Francisco.”
Reduced to $7 million this past February, the sale of 67-69 Belcher has now quietly closed escrow with a reported contract price of $4.9 million.
At the same time, a new set of plans for a modern five-story building to rise up to 52 feet in height across the site, with up to 36 residential units and parking for 17 cars, have been drafted by Stanley Saitowitz | Natoma Architects, as newly rendered below:
We’ll keep you posted and plugged-in.