1093 Montgomery Ave - Service FOR SALE


San Bruno, CA 94066
$1,050,000 USD
415-875-0177
1093 Montgomery Ave, San Bruno, CA for Sale
$1,050,000 USD
Service - FOR SALE
1/20
null | Request Cap Rate

1093 Montgomery Ave
San Bruno, CA 94066


HIGHLIGHTS

  • Rarely Available Flexible Use Industrial Property In The Heart Of San Mateo County
  • M-1 Zoning - Ideal For Light Industrial Use Such As Warehousing, Manufacturing, Or Distribution
  • Eligible for SBA Financing (10% Down Payment Option)
  • Open Floor Plan Made Up Of Office, Main Showroom, And Mezzanine Level.
  • Conveniently located Near Freeways (Highways 101, 280, and 380), San Bruno BART Station, YouTube Headquarters, San Francisco, Local Development Projec

OVERVIEW

1093 Montgomery Avenue is a 1,500-square-foot industrial building designed to meet the needs of owner-users seeking a versatile, well-maintained space. Owned by the original owner developer since 1980, the property features a newer roof, and has been well maintained throughout the years. For qualified buyers with businesses, SBA financing is available, offering a 10% down payment option, making this an excellent owner-user opportunity and a compelling opportunity to purchase rather than renting. This building features two (2) 10 feet by 10 feet garage doors, one in the front of the building and one in the back, providing two convenient access points to the property. Inside, the property features an open floor plan, a mezzanine level, and an office creating a flexible layout for a variety of business needs. The building also offers two means of egress and direct access to a secondary exit for vehicles and pedestrians. Zoned M-1, the property is ideal for light industrial uses with permitted uses including warehousing, wholesaling, distribution, light manufacturing and processing. 1093 Montgomery Avenue is strategically located with easy access to major freeways, including Highways 101, 280, and 380, providing convenient routes to San Francisco, the East and South Bay. The San Bruno BART Station is nearby (0.3 mile away), making public transportation easy for both employees and client. Additionally, the property is near YouTube headquarters, San Francisco International Airport, and many local amenities. San Bruno is poised for significant growth, with major developments such as the YouTube Headquarters expansion, which will add 2.9 million square feet of office space by 2026. Additionally, Tanforan Mall (0.6 mile away) is undergoing a major redevelopment which will feature 1 million square feet of life science class A office space, community retail and 1,000 new housing units. This project will further enhance the neighborhood’s appeal for businesses looking to establish a presence in this market.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,614

ZONING

M10000

APN/PARCEL ID

014-275-030

ASK ABOUT THIS PROPERTY

Hanna John AzarCompass CommercialMore Info
415-875-0177

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Hanna John AzarCompass CommercialMore Info
415-875-0177

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