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550 Price Ave 6,380 SF Vacant Office Building Redwood City, CA 94063 For Sale
Executive Summary
Positioned in one of Redwood City’s most accessible commercial corridors, this attractive freestanding office property presents a rare opportunity for an owner-user or investor. The property enjoys excellent connectivity, with convenient access to Veterans Boulevard, US Highway 101, Woodside Road, Kaiser Hospital, and Downtown Redwood City’s Kaiser vibrant mix of restaurants, services, and amenities.
For many years, the building has been occupied by established legal professionals, a testament to its functionality, visibility, and enduring appeal. The thoughtfully designed single-story layout promotes efficient operations and ease of access for both employees and visitors, while multiple entrances provide flexibility for a variety of occupancy arrangements.
Generous on-site parking, well-maintained grounds, and a practical floor plan enhance the property's versatility, making it suitable for a broad range of professional, medical, administrative, or service-oriented uses. Whether occupied by an owner-user or held as an income-producing investment, the property offers a compelling combination of convenience, flexibility, and long-term value.
Property Highlights
• APN: 052-411-120
• ±6,380 square foot office building situated on a ±20,000 square foot parcel
• Class C office property suitable for owner-users, investors, or multi-tenant occupancy
• Constructed in 1963 and currently configured as two office suites with separate entrances:
Suite A: ±3,810 square feet | Suite B: ±2,561 square feet
• 22 on-site parking spaces, including 2 accessible spaces
• Professional office improvements including a reception area, controlled access, security system, and monument signage
• Air-conditioned, single-story design with multiple points of access
• Convenient location with excellent access to US Highway 101, Woodside Road, Downtown Redwood City, and nearby retail, dining, and service amenities
For many years, the building has been occupied by established legal professionals, a testament to its functionality, visibility, and enduring appeal. The thoughtfully designed single-story layout promotes efficient operations and ease of access for both employees and visitors, while multiple entrances provide flexibility for a variety of occupancy arrangements.
Generous on-site parking, well-maintained grounds, and a practical floor plan enhance the property's versatility, making it suitable for a broad range of professional, medical, administrative, or service-oriented uses. Whether occupied by an owner-user or held as an income-producing investment, the property offers a compelling combination of convenience, flexibility, and long-term value.
Property Highlights
• APN: 052-411-120
• ±6,380 square foot office building situated on a ±20,000 square foot parcel
• Class C office property suitable for owner-users, investors, or multi-tenant occupancy
• Constructed in 1963 and currently configured as two office suites with separate entrances:
Suite A: ±3,810 square feet | Suite B: ±2,561 square feet
• 22 on-site parking spaces, including 2 accessible spaces
• Professional office improvements including a reception area, controlled access, security system, and monument signage
• Air-conditioned, single-story design with multiple points of access
• Convenient location with excellent access to US Highway 101, Woodside Road, Downtown Redwood City, and nearby retail, dining, and service amenities
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,380 SF
Building Class
C
Year Built
1963
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
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 052-411-120 | Improvements Assessment | $1,508,058 CAD |
| Land Assessment | $3,001,992 CAD | Total Assessment | $4,510,050 CAD |
Property Taxes
Parcel Number
052-411-120
Land Assessment
$3,001,992 CAD
Improvements Assessment
$1,508,058 CAD
Total Assessment
$4,510,050 CAD
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