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3150-3184 Spring St

14,290 SF Vacant Industrial Building Redwood City, CA 94063 For Sale

Investment Highlights

  • Blocks away from Stanford Medical Center
  • 18 foot clear height
  • Close proximity to Woodside Road and HWY 101
  • 5 grade level 14x16 roll-up doors with additional 10x12 roll-up door at 793 5th Ave. location.
  • All units seperately metered for gas and electricity
  • Centrally located between San Jose, East Bay, and San Francisco

Executive Summary

First time on the market since 1978, this fantastic owner/user property is now available for sale. The site consists of 2 separate buildings on one +/- 25,000 sqft parcel. 2 units are vacant with a third being available shortly after close of escrow. The remaining 3 units have leases that expire August of 2024 with the potential to cancel the lease early for two contiguous spaces. The rear parking area is fenced and secured with IR (industrial restricted) zoning that allows for a wide variety of industrial, manufacturing, and R&D type uses. SBA financing would be a great fit here since over 50% occupancy is available immediately. Remaining occupied units are far below market rent and re-tenanting the spaces would be easily possible. Pricing is based off of the ground floor area of approximately 12,790 sqft .

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.59 AC
Rentable Building Area 14,290 SF
No. Stories 1
Year Built 1978
Parking Ratio 1.26/1,000 SF
Clear Ceiling Height 18 ft
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

Amenities

  • Fenced Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 3150
  • 4,790 SF
  • Industrial
  • -
  • Now
  • 1st Fl - 3158
  • 2,412 SF
  • Industrial
  • -
  • Now
  • 1st Fl - 3180
  • 2,480 SF
  • Industrial
  • -
  • Now
  • 1st Fl - 3184
  • 2,575 SF
  • Industrial
  • -
  • Now
  • 1st Fl - 793 5th Ave
  • 2,500 SF
  • Industrial
  • -
  • Now
Space Size Space Use Condition Available
1st Fl - 3150 4,790 SF Industrial - Now
1st Fl - 3158 2,412 SF Industrial - Now
1st Fl - 3180 2,480 SF Industrial - Now
1st Fl - 3184 2,575 SF Industrial - Now
1st Fl - 793 5th Ave 2,500 SF Industrial - Now

1st Fl - 3150

Size
4,790 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 3158

Size
2,412 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 3180

Size
2,480 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 3184

Size
2,575 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 793 5th Ave

Size
2,500 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 3180

Size 2,480 SF
Space Use Industrial
Condition -
Available Now

1st Fl - 3184

Size 2,575 SF
Space Use Industrial
Condition -
Available Now

1st Fl - 793 5th Ave

Size 2,500 SF
Space Use Industrial
Condition -
Available Now

Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
055-086-010
Land Assessment
$6,081,355 CAD
Improvements Assessment
$1,931,724 CAD
Total Assessment
$8,013,079 CAD

zoning

Zoning Code IR (Industrial Restricted)
IR (Industrial Restricted)
  • Listing ID: 30959908

  • Date on Market: 2023-11-27

  • Last Updated:

  • Address: 3150-3184 Spring St, Redwood City, CA 94063

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