on Small Change
Real Estate

Alchemy Springs

An urban bathhouse paying homage to history and community.
San Francisco, 
Investment type:
(Preferred Equity)
Target raise:
 - $1,000,000
Minimum investment:​
End date:
Nov 15, 2021
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Community-owned. Shared ownership and shared social bathing experience. Wholistic approach. Scale and breadth of hydrothermal and spa amenities. Inspired by nature. Biophilic design. Equity in hand. $458,269 previously raised. Site secured. 30-year lease has been signed. Convenient location. In central San Francisco. Historic renovation. 16,000 sf historic building and outdoor space. Experienced operators. Experienced, 4-star spa operators.
Our Story

In an historic, 15,000 square foot masonry timber warehouse filled with natural light and built in 1919, Alchemy Springs wants to create a hydrothermal spa & bathhouse which “brings the outdoors, indoors.” Community bathing. Community owned. Right in the heart of San Francisco in between the Tenderloin and Nob Hill neighborhoods. The bathhouse will include winding ‘riverbaths’ and lush surroundings, blazing steam saunas and frigid cold plunges, a starscape moon bath and outdoor sun bath. In addition, the rear parking lot will be converted to a greenhouse, zen garden and outdoor dining terrace. Over $450,000 in equity has already been raised, the developers have a 30-year lease on the property and there is an experienced team in place that is planning a six month PR campaign leading up to the opening.