$4,500,000
Asking Price
Address: Burlingame,
Locations Available: Burlingame: CA
Status: Active
Posting ID: 284586
1/9/24
Details
Asking Price: $4,500,000
Land Area Call / Email
Zoning: Multifamily - Retail
Building Info
Building Size: N/A
Typical Floor Size N/A
Building Height: N/A
Building Type: Two Apartments and Two Retail Spaces
Parking: Available upon request
Year Built: N/A
Year Renovated: N/A
Description
For sale is commercial property for $4,500,000 with a Cap rate of 4.5%. It is located in California – Burlingame – San Mateo County.
This is a multifamily and retail space. There are two apartments and two retail spaces. This would be an excellent investment for quick value appreciation. It is perfect for future retail development.
Close to public transportation, fully occupied with long term tenants.
1. Retail Street level front access current rent $7,725 Tenant has been at location for many years operating successfully.
2. Retail Street level front current rent $3,090 Tenant has a successful business.
3. Apartment independent access current rent $3,150
4. Apartment independent access current rent $2,730.
Danika Kim Hong is a commercial realtor with over 20 years of experience. She will find the best fit for your business plan and will help you with all the paper work for a smooth purchase or sales experience. Expert in San Mateo and Santa Clara County with multiple listings available for your selection.
Danika Hong at 408-316-1053 cell danikahong@aol.com
Realtor and Loan Consultant DRE#01254271, INTERO REAL ESTATE SERVICES
To get more information about this Commercial Retail And Multifamily Apartments business for sale in Burlingame please phone Danika Hong (Agent - BRE License #:01254271) at 408-316-1053 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284586 on BizBen.com. In addition to phoning Danika Hong, make sure you email Danika Hong above to get more info about this Commercial Retail And Multifamily Apartments, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01254271. INTERO Real Estate Services/License number 0125427.
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