Properties

Comm Industrial For Sale For Sale

1,170 Sqft - 1112 Palmetto Avenue, PACIFICA, California 94044

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Property Description

Unique oceanfront house with commercial zoning, tucked behind a large bakery building in the commercial district. Red tagged due to bluff loss in 2016, with a seawall required to restore a certificate of occupancy. City is requiring commercial use due to non-conforming residential occupancy going dormant for longer than a year. C-3 zoning may allow for redevelopment as mixed use commercial with residential, visitor services, restaurant, automotive, and possibly hospitality, and further evaluation of conditional and permitted uses will be required. The property extends out to the beach, with an estimated 35′ portion of bluff lost in a single high-water event. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.

Basic Details
Property Type : Comm Industrial For Sale
Listing Type : For Sale
Listing ID : 40973515
Price : $750,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 1,170 Sqft
Year Built : 1950
Lot Area : 36,460 Sqft
Features
Heating System : Electric
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : San Mateo
City : PACIFICA
Zipcode : 94044
Street : Palmetto Avenue
Street Number : 1112
Floor Number : 0
Longitude : W123° 30' 23.4''
Latitude : N37° 38' 34.5''
MLS Addon
Office Name : Main Street Realtors
Area : West Sharp Park
Address : 1112 Palmetto Avenue
Cross Street : Shoreview Ave
LA1User Code : MLL153338
LA1Agent First Name : Datta
LA1Agent Last Name : Khalsa
Status Category : Active
Tot # Parking Spaces : 8
Zoning : C300
List $/SqFt : $20
Age : 71
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $96,848
Total Deposits : $0
FLOORING : Hardwood Floors
Bus Sq Ft of Bldg : 0 Sqft
TENANT EXPENSE : Other
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $750,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Comm Industrial For Sale For Sale
  • Listing ID : 40973515
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 1,170 Sqft
$750,000
Agent info
Contact Agent