648-650 Kelly St - Storefront Retail/Residential FOR SALE


Half Moon Bay, CA 94019- San Mateo-Foster City-Burlingame
$2,000,000 USD
650-773-7713
648-650 Kelly St, Half Moon Bay, CA for Sale
$2,000,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

648-650 Kelly St
Half Moon Bay, CA 94019
San Mateo-Foster City-Burlingame


HIGHLIGHTS

  • Prime, Heart of Downtown Commercial Location
  • Mixed Use: 2 Apartments and 2 Commercial Units
  • Rare Back Yard/Lot and 2 Garage Units
  • Adjacent to City Plaza and Other Iconic Buildings
  • Approx. 4 Million Visitors a Year to Half Moon Bay/Coastside
  • Walking Distances to Restaurants, Retail, Medical, Schools and Other Amenities

OVERVIEW

Rare opportunity for a prime, downtown mixed-use investment. Two commercial units on the ground floor, one leased to a thriving barbershop which was completely renovated in 2022 and the other has been Seller occupied office space which will be delivered vacant at closing. There are two apartment on the second floor, each 2bd/1ba units. One unit has a bonus room. Both charming units have hardwood floors and lots of natural light throughout. The property also has two garage units behind the building as well as a nice, secluded back yard for the residents to enjoy bbqs and other outdoor gatherings. The building was freshly painted in December 2024.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,750 SF

ZONING

C-D

APN/PARCEL ID

056-173-120

ASK ABOUT THIS PROPERTY

Randy KinghornKinghorn Commercial PropertiesMore Info
650-773-7713

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Randy KinghornKinghorn Commercial PropertiesMore Info
650-773-7713

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