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1464 El Camino Real

6,100 SF Retail Building Belmont, CA 94002 $3,516,000 CAD ($576 CAD/SF)

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Investment Highlights

Leased Investment with Tremendous Upside or Owner User Opportunity
Tenant on Month-to-Month Lease
High Income Demographics

Single Tenant Retail or Office Use
High Average Daily Traffic Counts
Redevelopment Potential

Executive Summary

For Lease or Sale. Leased investment with Upside or Owner User opportunity. Building is +/-6,100 SF (per appraiser) on an 8,984 SF lot. Rear alley allows for parking in the rear or a small yard. Yard parking will allow for up to 12-13 cars in tandem. City of Belmont will have to provide final approval for any parking on the property. Great power (approx. 400 amps). Tenant is on a month-to-month lease paying below market rate rent and would like to remain. Future redevelopment opportunity as well. High average daily traffic counts and high-income demographics make this a can't miss investment. Broker is a part owner of the property.

Property Facts

Sale Type

Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

6,100 SF

Building Class

Year Built

1960

Price

$3,516,000 CAD

Price Per SF

$576 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.67

Land Acres

0.21 AC

Zoning

C30000 - Zoning is for retail and other uses. Please consult with the city of Belmont's Planning Department for all allowed uses for the property.

Space Availability

1st Floor
2,000-6,100 SF
Retail
Outparcel
30 Days

Stand-alone retail building along heavily traveled El Camino Real in Belmont. Owner will consider demising the building into smaller units. Rear yard is available which can be used for parking. Currently, on-street parking is available.