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16 W 25th Ave
San Mateo, CA 94403
Hillsdale Liquor · Retail Property For Sale
Investment Highlights
- Heavy traffic
- Well maintained building
- Amazing visibility
Executive Summary
Amazing opportunity to own a well maintained stand alone building literally feet from El Camino Real!!! NNN lease in place until 06/32. Concrete block and stucco building. ROOF and WINDOWS replaced in 2022. 2 bathrooms and extra space in rear of building with private entrance. 2 designated parking spots in rear parking lot. Convenient street parking. over 3500 SQ feet on single level! Walk in cooler
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,540 SF
Building Class
C
Year Built
1945
Price
$2,400,000
Price Per SF
$677.97
Cap Rate
3.50%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.11 AC
Zoning
Store - Use code Retail Stores (personal services,photography,Travel
Parking
2 Spaces (0.56 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 039-176-170 | Improvements Assessment | $78,349 |
| Land Assessment | $562,396 | Total Assessment | $640,745 |
Property Taxes
Parcel Number
039-176-170
Land Assessment
$562,396
Improvements Assessment
$78,349
Total Assessment
$640,745
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