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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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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300SQFT
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$6,293$/SQFT
School Ratings & Info
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.
© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-07-02T23:51:08.943. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Services. Licensed in the State of California.
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Listing provided courtesy of Gregory Cohn of Coldwell Banker Realty.