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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81989312
HOA Y/N No
Year Built 1904
Annual Tax Amount $15,832
Lot Size 2,252 Sqft
Property Description
6701 Mission Street is a prime value-add investment opportunity, and also has the potential for owner-occupancy. All tenants are on month-to-month leases and pay rents below the market rate, presenting an enticing opportunity for investors to adjust rental rates to market. Additionally, the building could be purchased by an owner/user to occupy the entire ground floor space. The property is a mixed-use building located on Mission Street and Alp Avenue. The building is approximately 3,884 square feet and is situated on a 2,250 square foot site. The zoning designation for the site is Light Commercial, which allows for a wide range of office and retail uses. Currently, the ground floor of the property is occupied by a single retail tenant, and the upper floor is divided into eight private offices.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning Light Commercial
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Roof Type Flat
Building
Story 2
Water Public
Others
Tax ID 003122020
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Listed by Joshua Johnson • Marcus & Millichap