950 Terminal Way - Manufacturing FOR SALE


San Carlos, CA 94070 | 
$1,800,000 USD
650-773-7713
950 Terminal Way, San Carlos, CA for Sale
$1,800,000 USD
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

Jan '27


950 Terminal Way
San Carlos, CA 94070


HIGHLIGHTS

  • Rare Owner/User Opportunity Half a Mile from Downtown/Caltrain
  • +/-4 Offices, Warehouse Area, Kitchen, Bathrooms, Shower, Roll-up Door
  • Attractive SBA Financing May Be Available
  • Versatile Space Layout for a Variety of Uses
  • Significant Life Science and Multi-Family Development in the Area
  • 400 Amps, Gas Line, +/-5 Parking Spaces, Kitchen

OVERVIEW

Great owner/user opportunity half a mile from Downtown San Carlos. The building is currently setup with a flexible mix of office space and warehouse area. There are +/-4 offices, two restrooms, a kitchen, reception area and a grade level rollup door. The building has upgraded power at 400 amps and a gas line. 4-5 off-street parking spaces in front of the building. Location San Carlos is located between two major economic hubs San Francisco and San Jose as well as within a ten minute drive from approximate 24 million sf of office space occupied by high paying companies in the fields of technology, finance, law, life/bio sciences and health care. Here is a partial list of some of the major employers in the surrounding area: Oracle, Visa, Electronic Arts, Sutter/Palo Alto Medical Foundation, Novartis, PG&E Zuora, Evernote, Check Point, MarkLogic, Nikon, Zuora, Acxiom, Natera, Shutterfly, Nintendo, Bristol Myers Squibb, Box, Fisher Investments, Snowflake Computing, Indeed, Rakutan, Guideware, WorkDay, Chan Zuckerberg Initiative, SurveyMonkey, Apptus, Gilead ScIences, Robolox, Franklin Templeton, Tano Capital, Coupa, Qualys, IBM, Marketo, Gunderson Dettmar, Fish & RIchardson, Seiler LLP, and Goodwin & Procter. The city of San Carlos describes itself as, "ideally situated between San Francisco and San Jose, San Carlos is easily accessed by highways, railways and airways. The ultimate in geography and livability, it strikes a rare balance between small-town charm and big-city access. Here, a quaint village feeling goes hand in hand with the latest global advances. It's the best of both worlds, in an extremely convenient and pleasant location." Future Development in the Area San Carlos is ready to see significant development in the near future as it aims to meet its requirement to build 2,735 new housing units from 2023-2031 according to the City's Housing Element. Along with more housing the city has seen significant life sciences developments along the Industrial Road corridor with more projects in the pipeline less than a half mile from the subject property.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, R&D, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,522

ZONING

HI

APN/PARCEL ID

046-127-070

ASK ABOUT THIS PROPERTY

Randy KinghornKinghorn Commercial PropertiesMore Info
650-773-7713

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Randy KinghornKinghorn Commercial PropertiesMore Info
650-773-7713

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