909-911 Main St - Restaurant FOR SALE


Redwood City, CA 94063- Downtown Redwood City
$3,900,000 USD
650-776-5779
909-911 Main St, Redwood City, CA for Sale
$3,900,000 USD
Restaurant - FOR SALE
1/3
null | 5.01% Cap Rate

909-911 Main St
Redwood City, CA 94063
Downtown Redwood City


OVERVIEW

Investment Opportunity: Prime Transit-Oriented Development Site 909-911 Main Street, Redwood City, CA Executive Summary Heckenberg Realty is pleased to present a rare opportunity to acquire a high-visibility asset in the heart of Redwood City’s booming downtown corridor. This property offers a unique "covered land play" for sophisticated investors, providing immediate cash flow with significant long-term upside through high-density, mixed-use development. Asset Highlights Income Stability: Currently occupied by a triple-net (NNN) leased restaurant, ensuring minimal landlord responsibility and steady NOI. Development Runway: With approximately two years remaining on the current lease, an investor has a strategic window to secure entitlements and finalize architectural plans while offsetting holding costs with existing rental income. Strategic Location: Situated on Main Street, the property benefits from heavy foot traffic, premium visibility, and proximity to major tech hubs and transit centers. Zoning Potential: Located in a high-demand zone favorable for multi-use projects. The site is ideal for a flagship vertical development combining luxury residential or premium office space with ground-floor retail/dining. Redwood City continues to be one of the Peninsula's most desirable markets for transit-oriented development. As the "Entertainment Capital" of the Peninsula, the downtown area maintains low vacancy rates and aggressive rent growth, making 909-911 Main St an ideal candidate for a landmark project that captures the city’s urban evolution.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$876 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,737 SF

ZONING

CB00

APN/PARCEL ID

053-135-140

ASK ABOUT THIS PROPERTY

Laura HeckenbergHeckenberg RealtyMore Info
650-776-5779

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Laura HeckenbergHeckenberg RealtyMore Info
650-776-5779

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