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The Salvation Army is listing a 1.9-acre property in San Francisco for $58 million, owned since 1955. The site includes a 65,000-square-foot warehouse building and an adjoining property used for housing recovering addicts.

Interest from developers has emerged shortly after the property was listed, indicating a potential change in the city's housing construction landscape. The property is zoned for a height of up to 65 feet, with options for greater height through state and city density bonuses due to its placement on a transit corridor.