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550 Price Ave 6,380 SF Vacant Office Building Redwood City, CA 94063 $6,891,892 CAD ($1,080.23 CAD/SF)
INVESTMENT HIGHLIGHTS
- ± 6,380 SqFt Building (Per Realist Tax Records)
- The current building configuration features 2 office suites.
- Redwood City - MUC-VB (Mixed-Use Corridor - Veterans Boulevard) Zoning
- ± 20,000 SqFt Parcel (Per Realist Tax Records)
- 22 Parking Spaces (Including 2 Accessible Spaces)
EXECUTIVE SUMMARY
Fantastic office opportunity in sought after Redwood City! This stand alone office building is well suited for owner occupancy or as a leased investment. Conveniently located off Veterans Boulevard with exceptional close proximity to US Highway 101, Downtown Redwood City, Woodside Road (a corridor to Highway 280), restaurants, recreation and other amenities. The well maintained structure and grounds have been used as the host for two law firms for many years. With an abundance of parking, convenient single story walk-up construction, multiple point access and a simple and functional floor plan; this office has adaptability for many users.
Key Data Points:
• ± 6,380 SqFt Building (Per Realist Tax Records)
• ± 20,000 SqFt Parcel (Per Realist Tax Records)
• The current building configuration features 2 office suites: Suite A: ± 3,810 SqFt (Per Open Homes Photography) & Suite B: ± 2,561 SqFt (Per Open Homes Photography)
• 22 Parking Spaces (Including 2 Accessible Spaces)
• Redwood City - MUC-VB (Mixed-Use Corridor - Veterans Boulevard) Zoning
• The Seller has authorized a comprehensive disclosure package which is complete with good remarks as it pertains to: Structural Pest, General Property Condition, Phase I and other relevant reports and disclosures. Please contact Listing broker for access to this material.
• Please Contact Listing Agent for Offers and Related Info!
• Tours are conducted by appointment only.
Key Data Points:
• ± 6,380 SqFt Building (Per Realist Tax Records)
• ± 20,000 SqFt Parcel (Per Realist Tax Records)
• The current building configuration features 2 office suites: Suite A: ± 3,810 SqFt (Per Open Homes Photography) & Suite B: ± 2,561 SqFt (Per Open Homes Photography)
• 22 Parking Spaces (Including 2 Accessible Spaces)
• Redwood City - MUC-VB (Mixed-Use Corridor - Veterans Boulevard) Zoning
• The Seller has authorized a comprehensive disclosure package which is complete with good remarks as it pertains to: Structural Pest, General Property Condition, Phase I and other relevant reports and disclosures. Please contact Listing broker for access to this material.
• Please Contact Listing Agent for Offers and Related Info!
• Tours are conducted by appointment only.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
6,380 SF
Building Class
C
Year Built
1963
Price
$6,891,892 CAD
Price Per SF
$1,080.23 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,380 SF
Building FAR
0.32
Lot Size
0.46 AC
Zoning
MUC-VB - Veterans Blvd and surrounding mixed use designated sites provides a primary entrance gateway into Downtown Redwood City from US101, Woodside Road, etc
Parking
22 Spaces (3.45 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Security System
- Signage
- Skylights
- Reception
- Air Conditioning
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 052-411-120 | Improvements Assessment | $1,475,704 CAD |
| Land Assessment | $2,937,587 CAD | Total Assessment | $4,413,291 CAD |
PROPERTY TAXES
Parcel Number
052-411-120
Land Assessment
$2,937,587 CAD
Improvements Assessment
$1,475,704 CAD
Total Assessment
$4,413,291 CAD
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