240 Harbor Blvd - Manufacturing FOR SALE


Belmont, CA 94002
$4,500,000 USD
800-387-6169
240 Harbor Blvd, Belmont, CA for Sale
$4,500,000 USD
Manufacturing - FOR SALE
1/17
null | 5.87% Cap Rate

240 Harbor Blvd
Belmont, CA 94002


HIGHLIGHTS

  • Convenient Mid-Peninsula Location
  • Industrial Building
  • Location, Location, Location
  • Seller May Carry

OVERVIEW

Wonderful opportunity to exchange, purchase or lease option this industrial building facility located on unincorporated land adjacent to the City of Belmont, CA (Harbor Industrial Area). The subject property is conveniently located mid-block near the north side of Harbor Blvd. and near the entrance to the 101 Freeway. The current configuration consists of 5 attached industrial buildings constructed around 1956 and totaling approximately 13,191 square feet sitting on approximately 22,160 square feet of land. Utilities are in and connected. There are 4 roll-up doors, approximately 3,000 square feet of office space and 10,191 square feet of warehouse space, rooftop solar panels were added in 2018, heavy 3 phase 900 AMP power and several parking spaces on site. Current Zoning M-1 Light Industrial with a use code of Manufacturing (light). This County zoning permits light industrial and office uses, except medical or dental. Residential and school uses are not permitted. The subject property is in the path of progress and may eventually shift to higher uses. Seller may carry financing.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$341 USD /SF

CAP RATE

5.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

Lighting, Gas - Natural, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.51

LAND SF

22,216

ZONING

M1, Belmont

APN/PARCEL ID

046-010-220

ASK ABOUT THIS PROPERTY

Robert PedroSignature Realty DRE#01381122More Info
800-387-6169

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Robert PedroSignature Realty DRE#01381122More Info
800-387-6169

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