507 Woodside Rd - Storefront Retail/Office FOR SALE


Redwood City, CA 94061- Palm Park
$2,280,000 USD
650-492-0934
507 Woodside Rd, Redwood City, CA for Sale
$2,280,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | 3.74% Cap Rate

507 Woodside Rd
Redwood City, CA 94061
Palm Park


HIGHLIGHTS

  • Exceptional Mid-Peninsula Investment Opportunity - well-situated mixed-use asset in a dynamic and desirable Redwood City location.
  • Desirable Mixed-Use Investment - beautifully designed one-bedroom and retail floor plans.
  • Proximity to Vibrant Downtown Redwood City - near Downtown Redwood City, home to a myriad of high-end shopping, dining, and entertainment options.
  • Convenient Unit Upgrades – private parking, modern cabinetry, hardwood flooring, updated bathrooms, stainless steel appliances, and more.

OVERVIEW

507 Woodside Rd is an exceptional mixed-use investment opportunity located in the thriving city of Redwood City, California. Situated on a 3,492 square foot parcel of land, the subject property was originally constructed in 1954 and has a gross building area of approximately 2,820 square feet, offering its tenants beautifully designed one-bedroom and retail floor plans. In addition to private parking, tenants enjoy modern cabinetry, hardwood flooring, updated bathrooms, stainless steel appliances, recessed lighting, ceiling fan and in-unit washer/dryer. The subject property is located just minutes from the lively Downtown Redwood City which offers tenants and residents a myriad of high-end shopping, dining and entertainment options. The Redwood City Caltrain Station, offering Express services is also close by and provides an inexpensive, hassle free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, residents enjoy easy access to the major transportation corridors of U.S. Highway 101, Interstate 280, the San Mateo- Hayward Bridge and the Dumbarton Bridge. The investment appeal of this asset is driven by Redwood City's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Francisco's Bay Area, 507 Woodside Rd presents an attractive choice for peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$2,280,000 USD

PRICE/SF

$809 USD /SF

CAP RATE

3.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SELLER FINANCING AVAILBALE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CHOOCP

APN/PARCEL ID

059-092-270

ASK ABOUT THIS PROPERTY

Adam LevinLevin JohnstonMore Info
650-492-0934

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Adam LevinLevin JohnstonMore Info
650-492-0934

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