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'."
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.
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