$700,000
$875,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 10/18/2024
Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41061676
Sold Date 10/18/24
HOA Y/N No
Year Built 2016
Annual Tax Amount $2,000
Lot Size 0.460 Acres
Property Description
WHY RENT AND PAY FOR THE OWNERS PROPERTY WHEN YOU CAN OWN IT YOURSELF!!! This commercial property has 2 buildings!!! There are enough parking spaces for approx. 25 cars!!! There are five (5) roll up doors! Palmetto Avenue is in the Palmetto Business District just a block away from the Pacific Ocean and Highway One. Palmetto Business District offers restaurants, specialty shops, gift stores, trade services and auto repair and more. Just 20 minutes to the San Mateo Peninsula and 15 minutes to San Francisco. Rental Net Income is $80,000 a year with an increase due in January 2025. Do NOT DISTURB tenants. Do NOT go directly to property. Your realtor must call for an appointment to preview the property. Thank you
Location
State CA
County San Mateo
Zoning C3
Interior
Heating None
Fireplace No
Exterior
Utilities Available Natural Gas Available, Water Available
Total Parking Spaces 30
Others
Tax ID 009074230
Financing Cash
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Bought with Andrew Awaida • Remax Optima