496 6th St - Office/Residential FOR SALE


Montara, CA 94037
$3,500,000 USD
415-671-9881
496 6th St, Montara, CA for Sale
$3,500,000 USD
Office/Residential - FOR SALE
1/44
null | Request Cap Rate

496 6th St
Montara, CA 94037


HIGHLIGHTS

  • 2 APNs
  • Significant Capital Improvements
  • New Roof Replaced in 2022
  • High Ceilings & Large Windows
  • Value Add Opportunity
  • Development Potential

OVERVIEW

Rare opportunity to own a distinctive historic property on the San Mateo County coast. The former Montara Grammar School at 496 6th St features a unique building with expansive interior space, architectural character, and flexible future potential. The offering includes two separate parcels totaling approximately 0.92 acres. The main building parcel (APN 036-091-250) is approximately 0.57 acres and offered for $2,800,000. The adjacent land parcel (APN 036-091-260) is approximately 0.35 acres and priced at $700,000. The parcels may be purchased together for $3,500,000. The building parcel must be sold first before the land parcel can be sold separately. Previously used as a grammar school and event space, the structure offers high ceilings, large windows with abundant natural light, numerous rooms, and 8 bathrooms, providing flexible space for a variety of potential uses. Possible uses may include a religious facility, community center, caregiving facility, educational use, or event venue (buyer to verify with San Mateo County). Recent improvements include a new roof installed in 2022. The property also features on-site parking for 25+ vehicles. The adjacent parcel may offer the potential to build a home and ADU, subject to county approval.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

R10006

APN/PARCEL ID

036-091-250,036-091-260

ASK ABOUT THIS PROPERTY

Hamza MabroukCentury 21 MastersMore Info
415-671-9881

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Hamza MabroukCentury 21 MastersMore Info
415-671-9881

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