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1464 El Camino Real 6,100 SF Retail Building Belmont, CA 94002 $3,426,025 CAD ($561.64 CAD/SF)
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
C
Year Built
1960
Price
$3,426,025 CAD
Price Per SF
$561.64 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
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
- Space
- Size
- Space Use
- Position
- Available
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.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,000-6,100 SF | Retail | Outparcel | 60 Days |
1st Floor
| Size |
| 2,000-6,100 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 60 Days |
1st Floor
| Size | 2,000-6,100 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | 60 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.
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 045-248-290 | Improvements Assessment | $581,542 CAD |
| Land Assessment | $2,326,167 CAD | Total Assessment | $2,907,709 CAD |
Property Taxes
Parcel Number
045-248-290
Land Assessment
$2,326,167 CAD
Improvements Assessment
$581,542 CAD
Total Assessment
$2,907,709 CAD
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1464 El Camino Real
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