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637 Main St 6,860 SF 100% Leased Office Building Half Moon Bay, CA 94019 $2,695,000 ($392.86/SF) 6.26% Cap Rate
Investment Highlights
- Sprinklered
- Storage
- Private Parking
- ADA Parking
Executive Summary
Exceptional opportunity to acquire a well-maintained retail/office property in the heart of downtown Half Moon Bay. 637 Main Street offers prime visibility on a highly trafficked corridor, with strong pedestrian activity and convenient access to shops, restaurants, and public transit.
The property features a flexible layout with bright, open interiors and strong curb appeal, making it suitable for a variety of uses — from retail and office to potential mixed-use conversion. Whether you’re an investor seeking stable returns or an owner-user looking for a flagship location, this property delivers long-term value and growth potential.
Owner may be open to seller financing to a qualified investor and or owner/user.
The property features a flexible layout with bright, open interiors and strong curb appeal, making it suitable for a variety of uses — from retail and office to potential mixed-use conversion. Whether you’re an investor seeking stable returns or an owner-user looking for a flagship location, this property delivers long-term value and growth potential.
Owner may be open to seller financing to a qualified investor and or owner/user.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
6,860 SF
Building Class
C
Year Built
1940
Price
$2,695,000
Price Per SF
$392.86
Cap Rate
6.26%
NOI
$168,639
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,430 SF
Building FAR
0.75
Lot Size
0.21 AC
Zoning
C-D Heritage - Commercial-Downtown Heritage District (C-D Heritage) which allows for ground floor retail and upper-level office/residential
Parking
6 Spaces (0.87 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 056-176-100 | Improvements Assessment | $2,277,637 |
| Land Assessment | $1,205,804 | Total Assessment | $3,483,441 |
Property Taxes
Parcel Number
056-176-100
Land Assessment
$1,205,804
Improvements Assessment
$2,277,637
Total Assessment
$3,483,441
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637 Main St
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