Description
Investors, Developers & end-users, this investment opportunity is located on Highway 1 in the Vallemar neighborhood of Pacifica near the signaled intersection at Reina del Mar. The improvements consist of a concrete block 3,440 SF automotive building with 5 roll-up doors plus several auxiliary buildings all situated on an L-shaped lot with approximately 114 feet frontage on Highway One and 87 feet frontage on Reina Del Mar Avenue. The parcel is zoned C-2 and is 66 percent of an acre or 29,534 SF. The building is leased to Tom's Auto Body & Paint, a well-established locally owned family business that has occupied the property for over 40 years. The current double net lease includes 33.33% tenant reimbursement for property taxes and the tenant is responsible for the remaining building expenses.
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0BEDS
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0.68ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investors, Developers & end-users, this investment opportunity is located on Highway 1 in the Vallemar neighborhood of Pacifica near the signaled intersection at Reina del Mar. The improvements consist of a concrete block 3,440 SF automotive building with 5 roll-up doors plus several auxiliary buildings all situated on an L-shaped lot with approximately 114 feet frontage on Highway One and 87 feet frontage on Reina Del Mar Avenue. The parcel is zoned C-2 and is 66 percent of an acre or 29,534 SF. The building is leased to Tom's Auto Body & Paint, a well-established locally owned family business that has occupied the property for over 40 years. The current double net lease includes 33.33% tenant reimbursement for property taxes and the tenant is responsible for the remaining building expenses.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T18:36:19.263. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ZutilaPRO Team. Licensed in the State of California, USA.