1464 El Camino Real - Storefront Retail/Office FOR SALE


Belmont, CA 94002
$2,500,000 USD
415-517-7511
1464 El Camino Real, Belmont, CA for Sale
$2,500,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

1464 El Camino Real
Belmont, CA 94002


HIGHLIGHTS

  • Leased Investment with Tremendous Upside or Owner User Opportunity
  • Single Tenant Retail or Office Use
  • Tenant on Month-to-Month Lease
  • High Average Daily Traffic Counts
  • High Income Demographics
  • Redevelopment Potential

OVERVIEW

For Lease or Sale. Leased investment with Upside or Owner User opportunity. Building is +/-6,100 SF (per appraiser) on an 8,984 SF lot. Rear alley allows for parking in the rear or a small yard. Yard parking will allow for up to 12-13 cars in tandem. City of Belmont will have to provide final approval for any parking on the property. Great power (approx. 400 amps). Tenant is on a month-to-month lease paying below market rate rent and would like to remain. Future redevelopment opportunity as well. High average daily traffic counts and high-income demographics make this a can't miss investment. Broker is a part owner of the property.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C30000

APN/PARCEL ID

045-248-290

ASK ABOUT THIS PROPERTY

David CollantesSPEERY - AIM Commercial Real EstateMore Info
415-517-7511

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David CollantesSPEERY - AIM Commercial Real EstateMore Info
415-517-7511

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