Morsel of S.F. Restaurant History Hits the Market
Now's your chance to own a boutique property where Alfred Hitchcock, Tippi Hedren, Lou Lurie and Herb Caen noshed on French cuisine. We chatted with the broker marketing the iconic Jeanty at Jack's site at 615 Sacramento. Bon appetit.
As the second-oldest restaurant in S.F. (until it closed in 2009), 615 is up for sale for $4.5M. Located one block from the Transamerica Pyramid, the three-story brick and timber building has nearly 6k SF of rentable SF plus a basement. The space is fully set up for a restaurant operator to stroll in with little effort to reopen, CBRE First VP Don LeBuhn tells us. Or, the historic building could be the future home of a hot S.F. creative tech company. The interior can be modified without historical permits, he adds.
Don, here hiking with wife Kelly in Marin, says he never got to eat there but marketing it is the next best thing. The seller's owned it since the mid-2000s and decided it's time to turn it over to a new operator, he says. Amenities include walk-in refrigerators, a prep kitchen, dumbwaiter, and lots of memorabilia hanging on the walls. He's already done a few tours (one is scheduled later today), with some buyers interested in setting up shop on the top or top two floors and then going the restaurant or retail route below. That would take more work to split up the spaces, he says. Because the facade is historical, it would be difficult to do anything vertical, he says.
The earthquake survivor, established in 1864, features an interconnecting stairwell and dramatic skylight on the top floor. Don's had tech and an executive recruiting firm take a peek, as well as several restaurant groups and bars. He works on a range of retail investment properties, and though this is on the smaller side, it's a significant S.F. building so he and partner David Noravian took the listing to market. Next week he's got a multi-tenant space closing for $13M in Daly City and a couple grocery stores under contract.
