Another Round of Massive Change on Valencia Street

Another round of massive change is taking shape on Valencia Street. Numerous retail shops and restaurants have recently changed hands and another condo project is under construction. Below is a quick review of the latest developments.

1198-Valencia-StA new mixed-use condo building is under construction at 1198 Valencia Street. Upon completion it will include 49 condominiums, 5,000 square feet of retail space, and garage parking for 32 cars and 52 bicycles. The developer of this project is JS Sullivan.

Golden Gate Urgent Care recently opened at 1085 Valencia Street. This health care provider (started by two ER doctors) has five other locations in the Bay Area. This space was formerly occupied by The Lotus Center. They moved to 417 S. Van Ness Avenue.

Audrey, a women’s apparel store catering to the urban lifestyle, recently opened at 1034 Valencia Street. This is their 3rd store in San Francisco. Downing & Company represented Audrey in leasing this space. The former tenant was Lost Weekend Video. These beloved cinephiles relocated to the Alamo Drafthouse at 2250 Mission Street.

Two retail spaces at 1016 and 1018 Valencia Street may soon be available for lease. Permits have been issued and both spaces are currently under construction.

The chefs behind recently shuttered Bar Tartine recently opened a new restaurant named Motze at 983 Valencia Street. It was formerly occupied by Herbivore, a vegetarian restaurant, that closed in August 2016.

Urban streetwear brand, Benny Gold, recently moved its shop from 16th and Guerrero Street to 968 Valencia Street, a notably higher foot traffic location. The previous tenant at this location was Mission Creek Café.

Environmentally friendly and sustainable women’s apparel shop, Reformation, will soon open at 914 Valencia Street. This will be Reformation’s fifth store. They also have shops in Los Angeles, New York, and London.

Baggu, an eco-friendly maker of handbags and accessories, recently opened at 911 Valencia Street. Baggu also has shops in Brooklyn and Oakland.

Garden Creamery recently opened at 3566 20th Street, just off Valencia Street. They are a food truck to brick-and-mortar retail shop success story. Downing & Company helped them lease this space.

Fine Arts Optical closed their store in December at 888 Valencia Street. They relocated to 5519 College Avenue in Oakland. This space is available for lease. It totals 3,626 square feet and may be subdivided. For the asking rent feel free to drop us a line.

After 12 years and a lot of accolades Range at 842 Valencia Street closed in December. The owners, Cameron and Phil West, have 10 years remaining on their lease and they intend to re-imagine and update the restaurant in 2017.

Gingko Home Furnishings at 810 Valencia Street recently announced they will soon close. This 2,100 square foot space has been re-leased in an off market transaction.

Souvla, a Greek restaurant, recently opened at 758 Valencia Street. They intend to bring the OPA! to the mission. Souvla’s other restaurants are in Hayes Valley and NOPA. This location was previously home to Grub.

With the exit of it’s chefs, a new iteration of Bar Tartine at 561 Valencia Street is in the works. The restaurant is currently under construction. It will be interesting to see what the owners, Chad Robertson and Liz Prueitt, come up with next.

Multikulti, an eclectic clothing and accessory shop, at 539 Valencia Street closed during December. They had a 16-year run on Valencia Street. Their space is now vacant.

Mediterranean restaurant, Valencia & Kebab, recently closed its doors at 525 Valencia Street. This restaurant has been re-leased. The new ownership entity is named Brown Sugar Inc.

475 Valencia Street will soon be home to Love Story Yoga. The buildout for their yoga studio is almost finished.

Check out our prior Valencia Street reports hereherehere, and here. Coverage on Mission Street is available here.

If you are looking to lease a commercial space or purchase an investment property in the Mission District, feel free to give us a call at (415) 385-5263 or send us an email.