2075 Norfolk St, San Mateo, CA 94403
9,150 SF | 100% Leased | Retail Building | San Mateo, CA 94403 | $8,338,000 ($911/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $8,338,000
- Property Type
-
Retail
- Square Feet
- 9,150 SF
- Price / Square Foot
- $911
Listing Contacts
Tom Larson
Verified Profile
- Property Info
Property Overview
In 1967 three savvy Italian gentleman furnished the city of San Mateo with The 'Bayside' hardware store. Amongst family members the saying 'Thank God for Bayside' has been commonly spoken. Through risk taking and extensive effort for these families the American Dream was realized and truly is a reality. This rare undeveloped gem in San Mateo County has not been offered to the public for over 57 years. Short term income may reside with current like kind operations and/or paving the 54,256 square feet lot and offering leasing terms. Long term income may be derived through future development. Desirable waterfront property. Pro forma Cap 5.5%.
Property Details
- Class
- C
- Year Built
- 1957
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 54,450 SF
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