369-371 Princeton Ave
Half Moon Bay, CA 94019

The legal description of the property is lots 9, 10, 11 & 34, Block 6, Princeton by the Sea Rsm 6/32. It consists of a two-story light industrial flex building of approximately 5,200 rentable square feet (RSF), taken from third-party sources. The RSF of the building is approximately equally divided between the ground and second floors. In the rear of the industrial/flex building there is a single-story warehouse of approximately 2100 RSF for a total building square footage of +/-7,300 RSF. There are three individual electric meters and the larger building has separate entrances allowing for a multi-tenant investment. The buildings are set on lots # 9 & 10, a level parcel measuring 70’ X 100’ = 7000 sf. Also included is the level off-street parking lot land of lots # 34 & 11, which measures 35’ X 200’ = 7,000 sf. The parking lot runs street-to-street, from Princeton Ave to Harvard Ave. The building is currently leased to two tenants. Tenant #1 is an exercise studio, paying $7,000/mo rent, and Tenant #2, in the back warehouse is an art studio, paying $2,700/mo rent. Both leases have expired and the tenants are holding over on a month-to-month basis.