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Investment Highlights
- ±10,102 SF corner parcel, with access from Fifth Ave & Spring St.
- 5 Grade-Level Doors and (1) Sliding Door
- Bonus ±550 SF Apartment Loft with full bathroom, kitchen and laundry
- ±5,155 SF Light Industrial Building
- Power: 600A/3 Phase (Updated 2014)
- Highly visible and easily accessible
Executive Summary
A rarely available ±5,155 SF light industrial building located in Redwood City. Highly desirable for an owner-user or investor/developer.
This parcel is at the corner of 5th Ave and Spring St and a block from Bay St. It is well located off Highway 101 and is easily accessible from neighboring cities. It is zoned as “IR - Industrial Restricted“ which allows for a variety of light industrial uses.
This parcel is at the corner of 5th Ave and Spring St and a block from Bay St. It is well located off Highway 101 and is easily accessible from neighboring cities. It is zoned as “IR - Industrial Restricted“ which allows for a variety of light industrial uses.
Property Facts
| Price | $3,076,268 CAD | No. Stories | 1 |
| Price Per SF | $596.75 CAD | Year Built | 1990 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.55/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 11’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.23 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 5,155 SF | ||
| Zoning | IR - Industrial Restricted“ Flexible light industrial uses, currently set up for cabinet/woodshop | ||
| Price | $3,076,268 CAD |
| Price Per SF | $596.75 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 5,155 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.55/1,000 SF |
| Clear Ceiling Height | 11’ |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | IR - Industrial Restricted“ Flexible light industrial uses, currently set up for cabinet/woodshop |
Amenities
- Fenced Lot
- Mezzanine
- Signage
- Yard
- Storage Space
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 055-081-060 | Improvements Assessment | $127,320 CAD |
| Land Assessment | $918,567 CAD | Total Assessment | $1,045,887 CAD |
Property Taxes
Parcel Number
055-081-060
Land Assessment
$918,567 CAD
Improvements Assessment
$127,320 CAD
Total Assessment
$1,045,887 CAD
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819 5th Ave
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