In the grand shuffle of businesses between 24th Street and Valencia, we’ve got another new move. Wonderland, a boutique and gallery that has been operating on 24th Street since 2010, is moving to Valencia Street between 24th and 23rd, in the location formerly occupied by Gypsy Honeymoon.
According to Wonderland’s website, the store plans on moving into their new space on Valencia Street Monday.
Gypsy Honeymoon moved off of Valencia Street in April of this year to set up a new store in Marin County. The storefront on Valencia has been vacant since. Mission Local talked to the building’s owner Ron Mallia some weeks ago for another story we’re working on about Valencia Street (stay tuned!), and he told us why the storefront stayed unoccupied for four months.
“I’m looking for something community serving,” said Mallia, who explained he had many offers for the roughly 2000 square foot space. “Community serving is not an office, a bakery is community serving, a restaurant is community serving, a high tech office is not community serving.”
Mallia said he was asking for about $4000 a month for rent, translating to $2 a square foot, which is actually a pretty good deal on Valencia. The corridor’s commercial rents go as high as $4 a square foot.
Indeed, Gypsy Honeymoon’s owner Gabrielle Ekedal told us in April that her move was not due to rising rents, but rather needing a break from running such a large store.
Stay posted, we’re watching the changing storefront landscape Valencia Street closely.
Thanks reader Kevin Davidson for sharing your photo and the tip!