1621 El Camino Real - Storefront FOR SALE


Millbrae, CA 94030
$2,098,000 USD
510-304-8077
1621 El Camino Real, Millbrae, CA for Sale
$2,098,000 USD
Storefront - FOR SALE
1/13
null | 3.06% Cap Rate

1621 El Camino Real
Millbrae, CA 94030


HIGHLIGHTS

  • Great In-line retail location

OVERVIEW

1621 El Camino Real presents a rare opportunity for investors to acquire a stunning mixed-use asset located in the vibrant city of Millbrae, California. Situated on a 3,305 square foot parcel of land, 1621 El Camino Real features approximately 3,885 square feet of interior space between the two stories. The first floor features two retail suites, each with approximately 1,280 square feet of net rentable area, while the second floor features a two-bedroom residential unit with an office nook consisting approximately 1,325 square feet of interior space. 1621 El Camino Real is strategically located on the Bay Area's peninsula between the major cities of San Francisco and San Jose. 1621 El Camino Real is strategically located on the Bay Area's peninsula between the major cities of San Francisco and San Jose. The subject property is located on the busy thoroughfare of El Camino Real among countless other high-end shopping, dining, and entertainment options. Several notable nearby attractions include Central Park, the Millbrae History Museum, and San Andreas Lake. The subject property also offers tenants convenient access to transportation corridors including US Highway 101, State Route 82, Interstate 280, the Millbrae Caltrain station, and San Francisco International Airport. The investment appeal of this asset is driven by Millbrae's low vacancy factors. With a world-class location in the heart of the San Francisco Bay Area, 1621 El Camino Real presents an attractive choice for investors due to its proximity to major transportation corridors and employers.

FOR SALE DETAILS

PRICE

$2,098,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

3.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CL00C1

APN/PARCEL ID

021-131-070

ASK ABOUT THIS PROPERTY

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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Robert JohnstonLevin JohnstonMore Info
510-304-8077

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