199 West Point - Freestanding FOR SALE


Half Moon Bay, CA 94019- San Mateo-Foster City-Burlingame
$3,250,000 USD
650-773-7713
199 West Point, Half Moon Bay, CA for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

NEW


199 West Point
Half Moon Bay, CA 94019
San Mateo-Foster City-Burlingame


HIGHLIGHTS

  • Flex Space Allows for a Variety of Uses
  • Amazing Views of the Ocean/Harbor/Hillside
  • Adjacent to Beautiful Marsh/Estuary
  • Near 0% Vacancy Rate in Princeton
  • Attractive SBA Financing May Be Available with 10% Down Payment
  • San Mateo County Industrial Rents Have Doubled Since 2014

OVERVIEW

Property Information This truly one of a kind flex space opportunity is available for an owner/user to enjoy all the bounty the Coastside has to offer. Two warehouse buildings available for both work and play. House your workshop/design studio and offices in one and your weekend toys (kayaks, paddleboards, fishing gear, jetskis) in the other! The buildings features breathtaking views of the ocean, harbor, and hillsides, as well as the adjacent beautiful marsh/estuary. Don't miss this rare chance to secure a valuable asset in a location that cannot be replicated. Location Half Moon Bay/El Granada/Princeton is a favorite destination for the approximately 4 million annual visitors who come to the area for the year around outdoor activities along with great restaurants, hotels and charming retail stores. The subject property is walking distance from b&bs, beaches, restaurants and the Pillar Point Harbor. Its also conveniently located approximately 25 minutes from the San Mateo peninsula, 30 minutes south of San Francisco and 45 minutes north of San Jose. The Princeton area has been undergoing significant changes in the past five years. The County is currently in the process of updating the land use plan ("Plan Princeton") to further address the area's conversion from a marine related industrial area to more of a visitor serving, creative "makers" area. The neighborhood is flourishing with access to great chefs, artists, wellness practitioners, furniture craftsman and artisans making local wine, liquor and beer.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

W/AO/DR

APN/PARCEL ID

047-032-350

ASK ABOUT THIS PROPERTY

Randy KinghornKinghorn Commercial PropertiesMore Info
650-773-7713

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Randy KinghornKinghorn Commercial PropertiesMore Info
650-773-7713

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