313-323 Princeton Ave 3,780 SF Industrial Building Half Moon Bay, CA 94019 $1,650,000 ($436.51/SF)

Rare commercial opportunity with three small buildings on one parcel near the busy corner of Princeton. Occupy all three buildings, lease all three or a combination of both. Building sizes range from 1020-1500 sf, each with their own bathroom, electrical and water meter. All buildings were renovated in 2020 and have fire sprinklers throughout. The former tenant had a tap room and brewery for the last 4+ years. Their existing FF&E may be available for purchase separately. The property is ready for a new concept and will be delivered vacant at closing. The area has been experiencing substantial economic development and rent growth providing the potential for lucrative investment returns.
Location
Half Moon Bay/El Granada/Princeton is a favorite destination for the approximately 4 million annual visitors who come to the area for the year
around outdoor activities along with great restaurants, hotels and charming retail stores. The subject property is walking distance from b&bs, beaches,
restaurants and the Pillar Point Harbor. Its also conveniently located approximately 25 minutes from the San Mateo peninsula, 30 minutes south of
San Francisco and 45 minutes north of San Jose.
Within a block or two of large drivers of visitors traffic: Half Moon Bay Yacht Club, Mavericks Event Center, JettyWave Distillery, Mavericks Inn, Mezza Luna
Restaurant, Old Princeton Landing Bar and Grill. The Princeton area has been undergoing significant changes in the past five years. The neighborhood is flourishing with access to great chefs, artists, furniture craftsman and artisans making local wine, liquor and beer.