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Tuesday, August 30, 2011

Velma's Closed and For Sale

I just got word from a friend that Velma's Jazz Club has closed down because business was bad and they just couldn't keep it going.  Sad that a place like this that my friend and others especially liked seems to have just faded away without any mention in the press.

Velma Landers, Eric Jones, and Chester Billinger opened Velma's at 2246 Jerrold Ave in the autumn of 2007. The land and building are currently for sale.

  • $680,000
  • 3,650 SF
  • $186.30
  • Industrial
  • Flex Space
  • Restaurant
  • Investment
  • Single
  • Find Out More...
Last Verified  8/29/2011 Listing ID  17178568

Description

The subject property consists of a retail (currently restaurant/club and
restaurant with a bar) on the ground floor and mezzanine level. The three
parcels are currently combined for single tenant use. The property fronts an
industrial park alongside other small business including a coffee roastery and
cabinet maker. The site is currently demised for retail but may also be used
for other uses such as office and entertainment.

The subject property is located in the Bayview neighborhood in the
Southeastern part of San Francisco with great freeway access. The district is
notable for the Candlestick Park football stadium, the current home of the
San Francisco 49ers and the T third light rail line. The neighborhood recently
began a major redevelopment project for more than 700 acres led by Lennar
Urban.

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