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HIGH PROFILE OFFICE/RETAIL/DENTAL BLDG. 705 Veterans Blvd 5,362 SF 100% Leased Office Building Redwood City, CA 94063 $5,628,000 CAD ($1,049.61 CAD/SF)
Investment Highlights
- Surrounded by new mixed-use developments
- Large parking lot with 21 parking spaces
- Excellent long term development site
- 2 blocks from Kaiser Permanente Hospital
- High profile signalized corner location
- Turn-Key dental business available which measures approximately 2,000 sf
Executive Summary
HIGH PROFILE DOWNTOWN REDWOOD CITY OFFICE/DENTAL/ RETAIL BUILDING
1. Signalized corner location
2. Multiple new office and multi-family developments surrounding this location
3. This is a 6 unit multi tenant building with mix of tenants ranging from a Fed-Ex store to a high profile dental office
4. Excellent long term development site which allows for an 85 foot height limit for residential and 80 dwellings per acre, and and FAR of 1:1 for mixed use developments
5. The zoning MUC-VB allows for a wide range of office, retail and dental use.
6. Large 23,366 square foot lot with 21 car parking
7. Turn-Key dental business measuring approximately 2,000 sf is available
1. Signalized corner location
2. Multiple new office and multi-family developments surrounding this location
3. This is a 6 unit multi tenant building with mix of tenants ranging from a Fed-Ex store to a high profile dental office
4. Excellent long term development site which allows for an 85 foot height limit for residential and 80 dwellings per acre, and and FAR of 1:1 for mixed use developments
5. The zoning MUC-VB allows for a wide range of office, retail and dental use.
6. Large 23,366 square foot lot with 21 car parking
7. Turn-Key dental business measuring approximately 2,000 sf is available
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,362 SF
Building Class
C
Year Built
1965
Price
$5,628,000 CAD
Price Per SF
$1,049.61 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,362 SF
Building FAR
0.23
Lot Size
0.54 AC
Zoning
MUC-VB, Redwood City - MUC-VB (Mixed-Use Corridor, Veterans Boulevard) allows for office, retail and dental uses. If developed the height limit is 85 ft. and an FAR of 1:1
Parking
21 Spaces (3.92 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Signage
- Monument Signage
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 052-412-010 | Improvements Assessment | $909,956 CAD |
| Land Assessment | $2,831,019 CAD | Total Assessment | $3,740,975 CAD |
Property Taxes
Parcel Number
052-412-010
Land Assessment
$2,831,019 CAD
Improvements Assessment
$909,956 CAD
Total Assessment
$3,740,975 CAD
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HIGH PROFILE OFFICE/RETAIL/DENTAL BLDG. | 705 Veterans Blvd
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