Value Add Stand Alone Retail Building

1464 El Camino Real, Belmont, CA

$2,500,000

Price

6,100 sqft

Building Size

4.7291 acres

Lot Area

Overview
Building Size
6,100 sqft
Lot Area
4.7291 acres
Occupancy
100%
Units
1
Description

For Lease or Sale. Leased investment with Upside or Owner User opportunity. Building is +/-6,100 SF (per appraiser) on an 8,984 SF lot. Rear alley allows for parking in the rear or a small yard. Yard parking will allow for up to 12-13 cars in tandem. City of Belmont will have to provide final approval for any parking on the property. Great power (approx. 400 amps). Tenant is on a month-to-month lease paying below market rate rent and would like to remain. Future redevelopment opportunity as well. High average daily traffic counts and high-income demographics make this a can't miss investment. Broker is a part owner of the property.

El Camino Real is a main thoroughfare from San Francisco down to San Jose. High daily traffic counts and high income within 5 miles. Close to 101, plenty of public transportation with CalTrain and SamTrans. Close to Stanford Health Center and other high tech companies.

Highlights
  • Leased Investment with Tremendous Upside or Owner User Opportunity
  • Single Tenant Retail or Office Use
  • Tenant on Month-to-Month Lease
  • High Average Daily Traffic Counts
  • High Income Demographics
  • Redevelopment Potential
  • Broker is a part owner of the property.
Documents
Location