Price Reduction - Eco Friendly - Seller Financing - Lease to Own
Listed By:
Robert Pedro with Signature Realty & Mortgage - 415-722-5510
Address
240 Harbor BLVD, Belmont, CA
Price
$ 4,500,000
Property Attributes
  • MLS#ML81945063
  • TypeCommercial
  • CountySAN MATEO
  • CityBelmont
  • AreaHomeview - Sterling Downs
  • Zip94002
  • StyleCommercial,Manufacturing - Light,Printing,Warehous
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13191
  • Lot Size0.51 Acres
Data Source:
MLSListings Inc.
Property Description

Wonderful opportunity to exchange, purchase or lease option this industrial building facility located on unincorporated land adjacent to the City of Belmont, (Harbor Industrial Area). The subject property is conveniently located near the entrance to the 101 Freeway. The current configuration consists of 5 attached industrial buildings constructed around 1956 and totaling approximately 13,191 square feet sitting on approximately 22,160 square feet of land. Utilities are in and connected. There are 4 roll-up doors, approximately 3,000 square feet of office space and 10,191 square feet of warehouse space, heavy 3 phase 900 AMP power and several parking spaces on site. Current Zoning M-1 Light Industrial with a use code of Manufacturing (light). This County zoning permits light industrial and office uses, except medical or dental. The subject property is in the path of progress and may eventually shift to higher uses. Seller may carry financing.

Price History
10/14/2023 Listed $5,300,000
4/17/2024 7% - $4,975,000
5/7/2024 10% - $4,500,000

General Features

Heating Other
Cooling Other
Utilities Public Utilities
Roof Flat / Low Pitch
Water Public
Number of Garage Spaces 5
# of Buildings 1
Security Features Other
Restrictions None
Energy Features Solar Power
Additional Rooms Office Area,Storage
Year Built 1956
Age 67
Property SubType Commercial Property
Complex Name Text Harbor Industrial Area
Zoning Text M10000
Amenities Misc. High Ceiling
Incorporated Y/N Yes
Business Type Commercial,Manufacturing - Light,Printing,Warehouse
Accessibility Parking
County San Mateo
Property Type Commercial/Industrial
Present Use Manufacturing - Light,Office,Warehouse
Special Listing Conditions Not Applicable
Status Active
City BELMONT
MLS Area Homeview / Sterling Downs
Listing Agent State License 01179093

Interior Features

Warehouse Sq Ft 10191
Number of Tenants 5

Exterior Features

Parking Features Parking Area
Parking Spaces 15
Lot Size Area 22216.00
Facilities 1 Restroom Per Unit,Conference Room,Conference/Meeting Room,Kitchen,Office,Restroom(s),Storage
Maximum Lot Size 22216.00
Yard/Grounds Low Maintenance
Sewer/Septic Sewer - Public
Yard SqFt 10000
Meters Separate Common Area
Foundation Details Concrete Perimeter and Slab
Building Area Total 13191
Lot Acres 0.5100
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 94002

Price
AVG $4.25M
$4.5M
Visits
AVG 141
146
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1956
Walkscore
AVG 77
68
Data Provided by Walkscore® not using MLS data