Lo-Cost Meats Space On The Market For Very Not-Low Cost

Lo-Cost Meats Space On The Market For Very Not-Low Cost
Andrew Dudley
Published on March 27, 2015

498 Haight St., which has been home to the Lo-Cost Meat and Fish Market since 1986, is now on the market for an eye-popping price.

Multiple tipsters have pointed us to a listing on LoopNet that offers the 1,800-square-foot space for a whopping $25,000 a month. That translates to an annual rent of $167 per square foot, making it the fourth-most expensive retail space for rent in all of San Francisco, out of 330 listings currently on LoopNet.

"Corner Store Front - Used to be Bank of America with vault still intact," the listing describes. "Excellent location for 'medicinal marijuana Dispensary'."

The listing's broker is landlord Robert Shelton, with whom Hoodline readers should be familiar from the recent Cuco's eviction saga, as well as last year's tenant income requirement controversy.

Last summer, when Cuco's was facing eviction, we checked with Lo-Cost Meats co-owner Pierre Pegeron to find out about the market's status. At the time, he told us he was four years into a ten year lease with Shelton, and was confident that Lo-Cost would not be going anywhere any time soon.

We've reached out to Shelton and are seeking more information about whether this listing is just a trial balloon to test rental market demand, or part of a plan to push Lo-Cost out before its lease is up. We'll update this story accordingly.