2075 Norfolk St - Freestanding FOR SALE


San Mateo, CA 94403
$8,338,000 USD
707-433-8000
2075 Norfolk St, San Mateo, CA for Sale
$8,338,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

2075 Norfolk St
San Mateo, CA 94403


OVERVIEW

In 1967 three savvy Italian gentleman furnished the city of San Mateo with The 'Bayside' hardware store. Amongst family members the saying 'Thank God for Bayside' has been commonly spoken. Through risk taking and extensive effort for these families the American Dream was realized and truly is a reality. This rare undeveloped gem in San Mateo County has not been offered to the public for over 57 years. Short term income may reside with current like kind operations and/or paving the 54,256 square feet lot and offering leasing terms. Long term income may be derived through future development. Desirable waterfront property. Pro forma Cap 5.5%. PLEASE CONTACT Michael for more details at: (415) 707-9123

FOR SALE DETAILS

PRICE

$8,338,000 USD

PRICE/SF

$911 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,254 SF

ZONING

-

APN/PARCEL ID

035-392-080

ASK ABOUT THIS PROPERTY

Tom LarsonLuxe Places International RealtyMore Info
707-433-8000

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Tom LarsonLuxe Places International RealtyMore Info
707-433-8000

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