Real estate investment is all about Location! And not all areas offer the same value.
99% is location vs. 1% is the structure (fixed vs. alterable).
Only properties in desirable locations bring significant value by directly impacting a property's demand, offer potential for higher equity appreciation and resale, thus guaranteeing to be one of the most solid investments and boosts any business success.
Belmont, similar to Burlingame, an affluent city in SF Bay Area, offers high-standard of living, beautiful weather and a great business enterprise location, thus this hidden gem is considered and one of the thriving places in California.
Unlike many deteriorated cities today, this prime retail/residential area has retained an exceptional safe environment with great ambiance and is: free from crime, break-ins, vandalism, graffiti, street debris, homeless/under the influence individuals and freeway or noise pollution, which significantly influence a property's value.
Not just a typical warehouse space, this freestanding solid building, meticulously remodeled, offers tremendous potential and is exceptionally clean, free from any known soil contaminants and very well maintained. Currently, utilized as a high-standard automotive business, this flexible space may suit other various uses including a possible redevelopment in this retail/residential zone.
Not all commercial property types offer the same tenancy demand and quality; "The property is worth as good as the tenant.” Landlords tend to prefer commercial tenants, collecting higher rental income in this virtually maintenance-free property, compared to challenging residential market with restrictive regulations. Essential services as automotive repair/maintenance businesses are very profitable and consistently in high-demand, ensuring a loyal long-term professional tenant committed to his success.
Real estate, a tangible asset, significantly appreciates in value, provides a steady income, offers tax benefits: tax deductions & depreciation, is a hedge against inflation and builds wealth.
“Ninety percent of all millionaires become so through owning real estate.”
~Andrew Carnegie
Pricing: TBD based on Fair Market Value (current/recently sold comps) and a Best Offer (B/O). Not a Distress Sale.
Terms: The seller offers to carry Financing at competitive and lower BMI rate with down payment.
Serious Offers may be submitted in writing specifying down payment and terms.
Contact agent, preferably by email (please do NOT call the business).
Buyer's Agent Commission offered.