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Entitled Condominium Development Site
For Sale
$875,000

224-228 Clara St, San Francisco, CA 94107

Permitted redevelopment site with a multi-residence condominium concept and demolition approval for the existing structure.

Property SizeContact for details
Days on Market12

Property Features for 224-228 Clara St

General Information

Standard status Active
Property subtype Vacant Land

Amenities

Lot Size Square Feet: 3600
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure, Sale Type: Auction, Online Only Auction, Auction URL: https://instantgavel.com/browse-auctions/224-228-clara-street-san-francisco-ca-94107, Auction Start Time: 2026-09-10 04:00:00, Auction End Time: 2026-10-08 04:00:00
Listing Agency: Concierge Auctions, LLC
Listed By: Lee Leslie
Source: Doyle-realty
Added: Sep 10 Changed: Sep 20 Last Checked: Sep 20 at 9:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Concierge Auctions, LLC

Investment Insights

Based on property information with market context.

This 3,600-square-foot commercial land parcel at 224-228 Clara Street includes a vacant structure approved for demolition and an entitled condominium development concept. The proposed project comprises nine residences: eight market-rate two-bedroom, two-bath homes and one below-market one-bedroom home. Plans call for open layouts, floor-to-ceiling glazing, circular bathrooms, large kitchen islands, and elevator service to each residential floor.

The design also includes a 640-square-foot common roof deck, bike storage, and select private outdoor areas. Upper-level residences and the roof deck are planned to provide city views. An alternate parking-lot use may be possible, subject to buyer verification. The property is located in San Francisco’s SoMa district, near Abraham Lincoln High School and Phillip and Sala Burton Academic High School.

Key Highlights

  • 3,600‑square‑foot commercial land parcel at 224‑228 Clara Street
  • Entitled condominium development concept with 9 proposed residences
  • Eight market‑rate two‑bedroom, two‑bath residences and one below‑market one‑bedroom residence

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Buffet Clothing & Fashion Store Tanning Salon Fish Market Restaurant Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13,936
Businesses Nearby

Demographics for 94107, CA

34,012
Population
18,798
Households
1.8
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
1.9 sq mi
ZIP Area
17,901
Density / Sq Mi
$186,123
Median Household Income
$118,676
Median Earnings
$3,378
Median Rent
$1,227,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Permitted redevelopment site with a multi-residence condominium concept and demolition approval for the existing structure.
Where is this commercial land located?
The property is located at 224-228 Clara St San Francisco, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 3,600‑square‑foot commercial land parcel at 224‑228 Clara Street; Entitled condominium development concept with 9 proposed residences; Eight market‑rate two‑bedroom, two‑bath residences and one below‑market one‑bedroom residence
More about this property
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