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119 Park Blvd 1,100 SF Vacant Office Building Millbrae, CA 94030 $2,351,907 CAD ($2,138.10 CAD/SF)



Executive Summary
Rare opportunity to own a fully detached office building in one of Millbrae's most desirable and convenient locations. Situated on a generous approximately 5,400 sq. ft. lot, newer roof and fresh paint, this versatile commercial property offers approximately 1,100 sq ft, and 2 bathrooms of office space designed for maximum flexibility. The building features four private offices, with a layout that can accommodate up to three separate tenants, making it an attractive option for owner-users, investors, or those seeking multiple income streams. Each office enjoys its own convenient entrance from the front or rear of the building, providing privacy and ease of access for individual occupants. Parking is a standout feature, offering five on-site parking spaces plus a one-car garage, valuable amenity rarely found with properties of this size. Located just minutes from downtown Millbrae, El Camino Real, BART, Caltrain, San Francisco International Airport, Highway 101, Interstate 280, restaurants, shopping, banks, and other major amenities, the property enjoys outstanding accessibility for employees, clients, and tenants. Beyond its current use, this property presents significant long-term upside. The large lot and prime location may offer exciting redevelopment possibilities, including higher-density residential, mixed-use, or other development opportunities, sellers provide the Feasibility study plan, subject to buyer verification with the City of Millbrae regarding zoning, land use regulations, and development requirements. Whether you're an owner-user looking to occupy while generating rental income, an investor seeking a stable income-producing asset with future appreciation potential, or a developer searching for a premium redevelopment site, this unique property offers exceptional flexibility and value in one of the Peninsula's most sought-after markets.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
1,100 SF
Building Class
C
Year Built
1945
Price
$2,351,907 CAD
Price Per SF
$2,138.10 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,100 SF
Slab To Slab
8’
Building FAR
0.21
Lot Size
0.12 AC
Zoning
CL00C1
Parking
4 Spaces (4.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 021-134-020 | Improvements Assessment | $107,008 CAD |
| Land Assessment | $1,902,414 CAD | Total Assessment | $2,009,422 CAD |
Property Taxes
Parcel Number
021-134-020
Land Assessment
$1,902,414 CAD
Improvements Assessment
$107,008 CAD
Total Assessment
$2,009,422 CAD
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119 Park Blvd
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