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404 San Bruno Ave W
San Bruno, CA 94066
NEW PRICE $1M- Araujo's Restaurant & Taqueria · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1935/2000
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.11 AC
Zoning
C2-P, San Bruno
Parking
3 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
50’ on San Bruno

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Restaurant
  • Storage Space

About 404 SAN BRUNO AVE W , SAN BRUNO, CA 94066

MAJOR PRICE REDUCTION TO $1,000,000 MOTIVATED SELER. CONTACT BROKER (415) 567-4245 This offering represents an opportunity for purchase of land together with turn-key restaurant business within the future-oriented San Bruno Transit Corridor Plan development area. The neighborhood is populated with mixed single family, apartment residences, and light commercial uses. It is offered as a turn-key sale including land, business all owned FFE, (excepting the leased commercial dishwasher). The restaurant was extensively remodeled approximately 15 years ago. The Business Insider reported that Google and its wholly owned subsidiary, YouTube, plan a 2.3 million square foot expansion within the Bayhill Development Plan, that may involve some 10,000 new jobs therein and in the City. The restaurant is located three blocks from the YouTube site as indicated by a red star and yellow arrow on the attached area map. The property is zoned Commercial. The San Bruno Planning Department stated that the zoning grandfathers the restaurant use to new owners. The San Bruno Transit Corridors Plan applies to new alternative site development uses. Traffic flow on San Bruno Avenue is quite substantial affording high visibility to the corner oriented building. Broker: James Minnerly 415-567-4245 Business, including Building & Land parcel 50' x 100'. Restaurant gross floor area approximately 1,700 sq. ft. Being sold "as is" all cash to Seller. Accessible to Caltrain Station, Samtrans, Bart. Restaurant P&L shows operating loss according to Seller due to his past extended absence. Second floor used for business related storage. Zoning does not allow mixed commercial-residential use. •The foregoing information is provided by Seller to the best of Seller's knowledge and belief and is deemed to be reliable but is not warranted by the listing Real Estate Broker to be accurate.

Property Taxes

Property Taxes

Parcel Number
020-114-150
Land Assessment
$307,388
Improvements Assessment
$518,327
Total Assessment
$825,715
  • Listing ID: 13745000

  • Date on Market: 9/10/2018

  • Last Updated:

  • Address: 404 San Bruno Ave W, San Bruno, CA 94066

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