6
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$2,875,000
Est. payment /mo
Price Dropped by $125K
1725-1733 Mission RD Colma, CA 94080
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 11,010 sqft
Price per Sqft $261
MLS Listing ID ML81989315
Year Built 1958
Lot Size 0.760 Acres
Property Sub-Type Commercial Property
Property Description
1725-1727 Mission Road measures approximately 6,000 square feet and is configured with two tenant suites, each of which measures about 3,000 square feet. The building has five 9-ft X 12-ft roll-up doors and one 12-ft X 13-ft roll-up door. Minimum clear height is approximately 12 feet. 1733 Mission Road measures approximately 5,000 square feet and is occupied by a single tenant. The building has two 16-ft X 11-ft roll-up doors, and the minimum clear height is approximately 12 feet. The property appeals to both investors and users alike. All three tenants occupy the property on a month-to-month basis at below market contract rents. This provides an opportunity for a user to occupy the space, or for an investor to move rents up to market. Colmas unique landscape, characterized by its numerous cemeteries, imposes significant restrictions on development, rendering available industrial and commercial space scarce. This scarcity elevates the value of properties similar to the subject, as they represent rare opportunities within a limited market.
Location
State CA
County San Mateo
Area Colma
Zoning Commercial
Interior
Heating Gas
Cooling None
Flooring Concrete
Exterior
Parking Features Common Parking Area
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Flat / Low Pitch
Present Use Warehouse
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public
Water Individual Water Meter, Public
Level or Stories 1
Others
Restrictions None
Tax ID 010-142-100
Security Features None
Special Listing Condition Court Confirmation May Be Required
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Listed by Joshua Johnson • Marcus & Millichap