$1,099,000
$1,099,000
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2,304 SqFt
SOLD DATE : 09/03/2024
Key Details
Sold Price $1,099,000
Property Type Commercial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $476
MLS Listing ID ML81964427
Sold Date 09/03/24
Year Built 1981
Lot Size 5,208 Sqft
Property Description
Rare Stand Alone Industrial Warehouse on the Coast. Multi-Unit Warehouse/Flex Building in heart of up-and-coming Princeton by the Sea. Recently renovated, versatile, light-filled open spaces ready to be configured to suit buyers needs and desired uses. The property is zoned W/DR (Waterfront District/Design Review). Permitted uses include storage/warehouse, light manufacturing, marine related businesses and other compatible uses. Located just off coastal Highway 1 in Pillar Point Harbor, walking distance to fishing harbor, surfing beaches, artisan eateries. Scenic 30 minutes to San Francisco/SFO/SM Peninsula. CCWD 5/8" Water Permit included with parcel. Meter on Site. Parcel is #1 on the SM County's Caretaker's Quarter Permit List, allowing for possible configuration +/- 700 sf residence unit. Recent full exterior renovation by Metal Building Company included new siding, roof, skylights, windows, roll ups/man doors and secure fencing. Interior renovation included upgraded LED lighting, insulation and paint. Securely fenced yard/parking area. Remaining short lease to stellar tenant will provide buyer w/ passive income while building plans are permitted & approved. Great Investment. High demand area w/ near zero vacancy. Squared away units like this usually sell off market.
Location
State CA
County San Mateo
Area Princeton Harbor
Zoning ML00M1
Interior
Heating No Heating
Cooling None
Exterior
Garage Parking Area
Utilities Available Public Utilities
Roof Type Metal
Present Use Warehouse
Building
Story 1
Foundation Concrete Slab
Sewer Sewer Available, Sewer in Street, Sewer Not Connected
Water Water On Site
Level or Stories 1
Others
Restrictions None
Tax ID 047-036-010
Security Features Other
Special Listing Condition Not Applicable
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Bought with Randy Kinghorn • Kinghorn Commercial Properties