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637 Main St 5,727 SF 55% Leased Office Building Half Moon Bay, CA 94019 $2,695,000 ($470.58/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
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
5,727 SF
Building Class
C
Year Built
1940
Price
$2,695,000
Price Per SF
$470.58
Cap Rate
6.26%
NOI
$168,639
Percent Leased
55%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,176 SF
Building FAR
0.63
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 (1.05 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Second floor office space Shared deck Two restrooms
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,570 SF | Office | Shell Space | Now |
2nd Floor
| Size |
| 2,570 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 2,570 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Second floor office space Shared deck Two restrooms
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
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
637 Main St
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