0.76 acres | #ML81974194
Description
1725-1727 Mission Road measures approximately 6,000 square feet and is configured with two tenant suites, each of which measures about 3,000 square feet. The building has five 9-ft X 12-ft roll-up doors and one 12-ft X 13-ft roll-up door. Minimum clear height is approximately 12 feet. 1733 Mission Road measures approximately 5,000 square feet and is occupied by a single tenant. The building has two 16-ft X 11-ft roll-up doors, and the minimum clear height is approximately 12 feet. The property appeals to both investors and users alike. All three tenants occupy the property on a month-to-month basis at below market contract rents. This provides an opportunity for a user to occupy the space, or for an investor to move rents up to market. Colmas unique landscape, characterized by its numerous cemeteries, imposes significant restrictions on development, rendering available industrial and commercial space scarce. This scarcity elevates the value of properties similar to the subject, as they represent rare opportunities within a limited market.
Property Details
- Stories1
Measurements
- Acres0.7596
Construction Details
- Property TypePurchase
Condition
- Year Built1958
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountySan Mateo
Financial Details
- Original List Price$3,000,000
- Taxes Annual$36,555
Other
- MLS #ML81974194
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Joshua Johnson (#ML5083433)
Listing Office: Marcus & Millichap (#ML88226)
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