173-175 Shipley Street | 162-168 Clara Street

The South of Market (SoMa) district is known for its strategic location, diverse infrastructure, and thriving nightlife scene, SoMa offers a dynamic urban environment for a development. Situated in a highly accessible area, SoMa enjoys excellent connectivity to major highways, transportation hubs, and a growing population due to the neighborhood’s many new residential developments. SoMa’s landscape is characterized by a mix of new construction residences, major retailers like Whole Foods and Target, and renowned restaurants like Benu and Birdsong; the dynamic surroundings provide an environment that’s ripe for growth. SoMa offers a lot to a diverse array of tenants. The progressive ecosystem in SoMa attracts young professionals, families, and visitors, making it an ideal environment for development of all kinds.162-168 Clara Street and 173-175 Shipley Street is a 9,573 Land SF property with an existing 2,000 SF garage. It spans four contiguous parcels in the South of Market District of San Francisco. The property is currently unentitled with no existing plans for development. The lot fronts approximately 50 feet on Shipley Street and 73 feet on Clara Street totaling 9,573 contiguous SF of land. A garage tenanted by an automotive repair service exists on one of the lots (APN 3752-051); it is currently on a month-to-month lease. The South of Market District embodies a vibrant blend of residential, retail, office, and industrial spaces. Over the past decade, the neighborhood has undergone a remarkable surge in residential development, resulting in a thriving community with a growing population and an array of retail offerings. The investment appeal of the property is its central location in the City and development potential.