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2655 Bush Street and Entitlements Hit the Market

A for sale sign has popped up outside of 2655 Bush Street, a potential residential mixed-use development along the popular Divisadero corridor. The former home of a convalescent center, the project is fully entitled for 84 residential units, 126 parking spaces, and 3,800 sq. ft. of retail space (PDF). Permits were issued to demolish the existing building back in June, but no activity has since taken place. PropertyShark estimates the land value at $7.1 million, so if you have ever wanted to start becoming a real estate developer/mogul now is your chance.
·2655 Bush Street, San Francisco, CA 94115 [PropertyShark]
·2655 Bush (PDF) [Terranomics]