1015 Howard Ave - Service FOR SALE


San Mateo, CA 94401- North Central
$1,500,000 USD
650-678-4837
1015 Howard Ave, San Mateo, CA for Sale
$1,500,000 USD
Service - FOR SALE
1/31
null | Request Cap Rate

1015 Howard Ave
San Mateo, CA 94401
North Central


OVERVIEW

-Zoning : C4-1 (Service Commercial) -Permitted Uses: https://law.cityofsanmateo.org/us/ca/cities/san-mateo/code/27.36 -Approximate Building Size : 3,800 sf -Assessor’s Parcel Number : 029-311-080 -Current Tenant use as food laboratory and test kitchen. Owner Option to occupy on 10/01/2028 -Current Rent : $6,976/month industrial gross lease with 3% annual escalations. Next escalation is 10/01/2025. Industrial gross lease. Tenant has 5 year option to extend if owner does not occupy on 10/01/2028

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12

LAND SF

5,150

ZONING

CH00C4

APN/PARCEL ID

029-311-080

ASK ABOUT THIS PROPERTY

Matthew RogersRogers and AssociatesMore Info
650-678-4837

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Matthew RogersRogers and AssociatesMore Info
650-678-4837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.