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Edith and Marco Paz opened their salon in 1985, a year after they moved to San Francisco.
The new salon will offer 20% off all services for its grand opening.
Shoppers will find a handful of independent shops offering fresh produce, sandwiches and dry goods.
"Our landlord's never wanted to give us a break," said owner Noel Kelton.
To qualify, a business must have "existed for more than 30 years" and "show significant contribution to San Francisco's identity.
The store's lease is set to expire.
The 59-year-old Excelsior restaurant has adapted over the years to serve a changing neighborhood.
Classes are open to all, regardless of skill level or experience.
The Austin-based apparel company plans to host community events like dog jogs and yoga.
The new location has on-site opticians who can make adjustments on site.
The shop now has more room for on-site dining and a reconfigured queue.
The café, laundromat and comedy venue closed without warning this morning.
The benches are "a tiny but crucial feature of the human landscape of Cole Valley," said one resident.
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