77 Birch St - Medical FOR SALE
Redwood City, CA 94062 |
77 Birch St
Redwood City, CA 94062
HIGHLIGHTS
- Rarely Available Development Opportunity (Up to 23 Condo Units) in A+ Location Near Downtown Redwood City (WalkScore 93)
- Ideal for Developers OR Owner-User with Option for Income While Securing Full Entitlement for Up to 23 Condo Units
- City of Redwood City Recently Upzoned to R-5-O (40 DU/Acre), Offering Up to 15 DU + 8 Units (State Density Bonus) = 23 Units
- Irreplaceable Location on Treelined Street in Most Desirable Part of Redwood City (Oak Knoll/Edgewood Park). Easy ECR and Freeway Access
- Currently Submitted Plans for 9 Townhouse Units (90% Entitled). Redwood City Updated Zoning to 40 DU/Acre
- City of Redwood City Indicated Severe Shortage of Housing, and Expressed Strong Desire to Simplify Approval Process for More Units
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
6-Unit Medical Office + 9 Townhouse Approval
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Loft/Creative Space, Office/Residential
TOTAL BUILDING SIZE
4918
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.38 AC AC
LAND SF
16,553 SF
ZONING
-
APN/PARCEL ID
052-182-230
