The Castro's Metropolitan Community Church of San Francisco, known for serving the city's LGBT community, has closed its doors and sold its building at 150 Eureka Street to a developer that plans to put in four luxury condos. The church will relocate into rented space within the First Congregational Church of San Francisco at 1300 Polk Street. Its former home was run-down and thought to be beyond repair, which was why the church voted to put it on the market. The developer that bought the building has already completed one major church redevelopment project in the city: the stunning transformation of a former Broderick Street Baptist Church into a $5 million single-family home.
The Castro church sold for $2.325 million, which was $330,000 over its asking price. The developer told the San Francisco Examiner that plans are to build condos that reflect the Edwardian character of the surrounding neighborhood. Entitlements, however, will take at least six months. An adjacent four-unit residential building also owned by the church is under contract, but not to a developer. The new owner of that building plans to allow current tenants to remain in their apartments.
· LGBT-Serving Church Sells Former Castro Building for $2.3 million [SF Examiner]
· Holy Flip! Ramshackle Church is Born Again as Victorian Manse [Curbed SF]
· Ex-Church Born Again As Victorian Mansion Sells for $4.995M [Curbed SF]
· 150 Eureka Street [Redfin]