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Investment Highlights
- 2 APNs
- New Roof Replaced in 2022
- Value Add Opportunity
- Significant Capital Improvements
- High Ceilings & Large Windows
- Development Potential
Executive Summary
Rare opportunity to own a distinctive historic property on the San Mateo County coast. The former Montara Grammar School at 496 6th St features a unique building with expansive interior space, architectural character, and flexible future potential.
The offering includes two separate parcels totaling approximately 0.92 acres. The main building parcel (APN 036-091-250) is approximately 0.57 acres and offered for $2,800,000. The adjacent land parcel (APN 036-091-260) is approximately 0.35 acres and priced at $700,000. The parcels may be purchased together for $3,500,000. The building parcel must be sold first before the land parcel can be sold separately.
Previously used as a grammar school and event space, the structure offers high ceilings, large windows with abundant natural light, numerous rooms, and 8 bathrooms, providing flexible space for a variety of potential uses. Possible uses may include a religious facility, community center, caregiving facility, educational use, or event venue (buyer to verify with San Mateo County).
Recent improvements include a new roof installed in 2022. The property also features on-site parking for 25+ vehicles. The adjacent parcel may offer the potential to build a home and ADU, subject to county approval.
The offering includes two separate parcels totaling approximately 0.92 acres. The main building parcel (APN 036-091-250) is approximately 0.57 acres and offered for $2,800,000. The adjacent land parcel (APN 036-091-260) is approximately 0.35 acres and priced at $700,000. The parcels may be purchased together for $3,500,000. The building parcel must be sold first before the land parcel can be sold separately.
Previously used as a grammar school and event space, the structure offers high ceilings, large windows with abundant natural light, numerous rooms, and 8 bathrooms, providing flexible space for a variety of potential uses. Possible uses may include a religious facility, community center, caregiving facility, educational use, or event venue (buyer to verify with San Mateo County).
Recent improvements include a new roof installed in 2022. The property also features on-site parking for 25+ vehicles. The adjacent parcel may offer the potential to build a home and ADU, subject to county approval.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,763 SF
Building Class
C
Year Built/Renovated
1916/2022
Price
$4,753,420 CAD
Price Per SF
$486.88 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,882 SF
Building FAR
0.24
Lot Size
0.92 AC
Zoning
R10006
Parking
26 Spaces (2.66 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Day Care
- Skylights
- Air Conditioning
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Property Taxes
| Parcel Numbers | Improvements Assessment | $570,012 CAD | |
| Land Assessment | $1,527,722 CAD | Total Assessment | $2,097,734 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,527,722 CAD
Improvements Assessment
$570,012 CAD
Total Assessment
$2,097,734 CAD
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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496 6th St
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