Multifamily / Mixed-Use / For Sale
2238 Market
Transaction Highlights
Size: 44 residential units; 5,000 sq. ft. retail
Use: Residential/Retail
Neighborhood: Duboce, Triangle, SF
Strategy
  • Prado identified an underutilized funeral home and parking lot across from a Muni stop in the most desirable neighborhood of Duboce Triangle and Upper Market
Execution
  • Adaptive reuse of an existing historic building
  • Prado received planning approvals in 2016
  • Successful recapitalization in 2016 with a foreign partner
  • Construction of 5,000 sq. ft. of ground-floor retail, 42 residential condo units above the retail; 2 town-homes
  • Added a 24-space below-grade parking structure
  • LEED Platinum
Results
  • Currently under construction
See the 2238 Market project page