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Address Not Available By Request

Pacifica, CA 94044
  • $1,888,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • ID#: ML81885983
Under Contract
UPDATED: 39 min ago
$1,888,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Gregory Cohn of Coldwell Banker Realty ((650) 558-4200)


Description

Investors, Developers & end-users, this investment opportunity is located on Highway 1 in the Vallemar neighborhood of Pacifica near the signaled intersection at Reina del Mar. The improvements consist of a concrete block 3,440 SF automotive building with 5 roll-up doors plus several auxiliary buildings all situated on an L-shaped lot with approximately 114 feet frontage on Highway One and 87 feet frontage on Reina Del Mar Avenue. The parcel is zoned C-2 and is 66 percent of an acre or 29,534 SF. The building is leased to Tom's Auto Body & Paint, a well-established locally owned family business that has occupied the property for over 40 years. The current double net lease includes 33.33% tenant reimbursement for property taxes and the tenant is responsible for the remaining building expenses.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-06T23:28:59.547. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/129328437
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Address Not Available By Request Pacifica, CA 94044

  • Price: $1,888,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 39 min ago
  • ID#: ML81885983
0
Beds
0
Baths
0
½ Baths
0.68
Acres
1964
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
Property Description
Investors, Developers & end-users, this investment opportunity is located on Highway 1 in the Vallemar neighborhood of Pacifica near the signaled intersection at Reina del Mar. The improvements consist of a concrete block 3,440 SF automotive building with 5 roll-up doors plus several auxiliary buildings all situated on an L-shaped lot with approximately 114 feet frontage on Highway One and 87 feet frontage on Reina Del Mar Avenue. The parcel is zoned C-2 and is 66 percent of an acre or 29,534 SF. The building is leased to Tom's Auto Body & Paint, a well-established locally owned family business that has occupied the property for over 40 years. The current double net lease includes 33.33% tenant reimbursement for property taxes and the tenant is responsible for the remaining building expenses.
Exterior Features

Parking Total 20 Roof Bitumen

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Business Type Auto Body Gross Scheduled Income 97551 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Other Expense 0 Tax Annual Amount 22656 Trash Expense 0 Utilities Natural Gas Available Water Source Public Zoning Cl00c2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-06T23:28:59.547. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Gregory Cohn of Coldwell Banker Realty ((650) 558-4200)