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2075 Norfolk St 9,150 SF 100% Leased Retail Building San Mateo, CA 94403 $10,368,750 CAD ($1,133.20 CAD/SF)
INVESTMENT HIGHLIGHTS
- PLEASE CONTACT Michael Lalanne for more details at: (415) 707-9123
EXECUTIVE SUMMARY
In 1967 three savvy Italian gentleman furnished the city of San Mateo with The 'Bayside' hardware store. Amongst family members the saying 'Thank God for Bayside' has been commonly spoken. Through risk taking and extensive effort for these families the American Dream was realized and truly is a reality. This rare undeveloped gem in San Mateo County has not been offered to the public for over 57 years. Short term income may reside with current like kind operations and/or paving the 54,256 square feet lot and offering leasing terms. Long term income may be derived through future development. Desirable waterfront property. Pro forma Cap 5.5%. PLEASE CONTACT Michael for more details at: (415) 707-9123
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,150 SF
Building Class
C
Year Built
1957
Price
$10,368,750 CAD
Price Per SF
$1,133.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.25 AC
Frontage
165’ on Norfolk St
AMENITIES
- Freeway Visibility
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 035-392-080 | Improvements Assessment | $304,576 CAD |
| Land Assessment | $2,557,900 CAD | Total Assessment | $2,862,476 CAD |
PROPERTY TAXES
Parcel Number
035-392-080
Land Assessment
$2,557,900 CAD
Improvements Assessment
$304,576 CAD
Total Assessment
$2,862,476 CAD
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2075 Norfolk St
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