60 Stone Pine Rd - Office FOR SALE


Half Moon Bay, CA 94019- Peninsula Coastline
$5,495,000 USD
650-387-6132
60 Stone Pine Rd, Half Moon Bay, CA for Sale
$5,495,000 USD
Office - FOR SALE
1/16
null | 5.8% Cap Rate

60 Stone Pine Rd
Half Moon Bay, CA 94019
Peninsula Coastline


HIGHLIGHTS

  • 100% Occupied "Leased Investment" - Provides immediate stability with a diversified tenant base.
  • Coastal Location & Setting - Nestled in a serene, bucolic setting overlooking Carter Park.
  • Walkable Downtown Amenities - Located just a short walk from historic downtown.
  • Located near Highway 1 and Highway 92 for regional access.
  • Superior Parking Ratio - Features an excellent 4:1,000 SF on-site parking ratio.
  • Located near Highway 1 and Highway 92 for regional access.

OVERVIEW

Stone Pine Business Park presents the opportunity to acquire a fully leased two-building office investment in Half Moon Bay, California. The property consists of approximately 21,533 square feet across two professionally maintained office buildings situated on a ±1.29-acre parcel. With 100% occupancy and a diverse tenant roster, the asset offers in-place cash flow supported by a mix of office users and long-term tenancy. Located near the intersection of Highway 1 and Highway 92, the property benefits from convenient regional connectivity to San Mateo County, Silicon Valley, and San Francisco while maintaining a coastal business environment that differs from traditional suburban office locations. The property is within walking distance of downtown Half Moon Bay's restaurants, retail amenities, banking services, and community destinations, supporting tenant convenience and daily business operations. Constructed in 2000, the improvements feature fully improved office interiors, two elevators, fire sprinkler protection throughout, six 200-amp electrical panels, metered electricity by floor, and 84 parking spaces. Ownership has maintained the buildings through ongoing preventative maintenance programs, including HVAC, roof inspections, and building systems upkeep. Operable windows provide natural ventilation throughout the office environment. The offering includes a stabilized rent roll with multiple established tenants and an estimated net operating income of $318,483.92. The combination of in-place occupancy, maintained building systems, accessible coastal location, and proximity to major Bay Area employment centers positions the asset as a long-term office investment opportunity in a market with limited commercial development inventory.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,143 SF

ZONING

PUD

APN/PARCEL ID

056-391-020

ASK ABOUT THIS PROPERTY

Steve HenryNewmarkMore Info
650-387-6132

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Steve HenryNewmarkMore Info
650-387-6132

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