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$2,875,000
Est. payment /mo
0.76 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID ML81989315
HOA Y/N No
Year Built 1958
Annual Tax Amount $36,555
Lot Size 0.760 Acres
Property 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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning Commercial
Interior
Cooling None
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 31
Building
Story 1
Water Public
Others
Tax ID 010142100
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Listed by Joshua Johnson • Marcus & Millichap
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