650-514-9200
1080 Old County Rd, Belmont, CA for Sale
Auto Repair - FOR SALE
1/7
null | Request Cap Rate

1080 Old County Rd
Belmont, CA 94002


HIGHLIGHTS

  • Prime Location, Excellent Condition & Versatile Use
  • Top real estate market: wealthy San Mateo County of mid-Peninsula Silicon Valley in San Francisco, California
  • Only a Prime Location guarantees a secure Investment and boosts any business success in a 24/7 safest area
  • Recession-proof investment vs. high-risk volatile stock market or low-rate bonds in unstable economy
  • Unique commercial building for multi-use applications (w/ current auto permits & licenses)
  • Central Retail-Location: high-visibility from busy intersection for a greater business exposure and close-by CalTrain, 101 Hwy. or El Camino Real

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Superior Location SF Bay Area Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,200 SF

ZONING

C4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justine KuligaRE101More Info
650-514-9200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Justine KuligaRE101More Info
650-514-9200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.