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FAITS SAILLANTS DE L'INVESTISSEMENT
- Freeway-facing billboard leased through July 2050 with CPI-adjusted income.
- Updated two-bedroom apartment and three storage units for added income.
- Vacant auto shop with secured yard offers immediate lease-up potential.
- Four-bedroom single-family residence on month-to-month tenancy.
RÉSUMÉ DE L'ANNONCE
Strategically located in the heart of San Mateo with direct visibility from Highway 101, 610–616 South Amphlett Boulevard presents a rare opportunity to acquire a versatile mixed-use investment property with multiple income streams and long-term upside. Spanning two parcels totaling ±12,007 square feet, this asset includes a vacant ±3,700 SF automotive shop with a secured ±3,500 SF yard, a recently updated two-bedroom apartment, three storage units, and a four-bedroom single-family residence.
A standout feature is the freeway-facing billboard, leased through July 2050, offering a stable and long-term income stream with annual CPI adjustments. The property’s C4 zoning supports a wide range of commercial uses, enhancing its redevelopment potential or continued operation as a multi-income investment.
Located just minutes from Downtown San Mateo, the property benefits from proximity to Caltrain, San Mateo Japanese Garden, Shoreview Shopping Center, and San Francisco International Airport. With easy access to major thoroughfares including Highway 101, 280, and 92, the site is ideally positioned for both local and regional connectivity.
Projected gross annual income is approximately $301,200, with market-rate rents across all units. This includes $9,500/month from the auto shop and yard, $3,700/month from the apartment, $4,400/month from the single-family residence, $6,000/month from the billboard lease, and $1,500/month from the storage units.
A standout feature is the freeway-facing billboard, leased through July 2050, offering a stable and long-term income stream with annual CPI adjustments. The property’s C4 zoning supports a wide range of commercial uses, enhancing its redevelopment potential or continued operation as a multi-income investment.
Located just minutes from Downtown San Mateo, the property benefits from proximity to Caltrain, San Mateo Japanese Garden, Shoreview Shopping Center, and San Francisco International Airport. With easy access to major thoroughfares including Highway 101, 280, and 92, the site is ideally positioned for both local and regional connectivity.
Projected gross annual income is approximately $301,200, with market-rate rents across all units. This includes $9,500/month from the auto shop and yard, $3,700/month from the apartment, $4,400/month from the single-family residence, $6,000/month from the billboard lease, and $1,500/month from the storage units.
FAITS SUR LA PROPRIÉTÉ
| Prix | 7 193 628 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 1 340 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 5 370 pi² |
| Statut | Actif | Superficie totale du terrain | 0,41 AC |
| Prix | 7 193 628 $ CAD |
| Prix/pi² | 1 340 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 5 370 pi² |
| Superficie totale du terrain | 0,41 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 616 S Amphlett Blvd, San Mateo, CA 94402 | Commerce de détail | 3 700 pi² | 1935 | - |
| 610 S Amphlett Blvd, San Mateo, CA 94402 | Immeuble residentiel | 1 670 pi² | - | - |
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610-616 South Amphlett Blvd
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