667669 Crespi DR, Pacifica, CA 94044 - MLS#ML82026937

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,400,000

Est. payment | -/mo

0.42 Acres Lot

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$ 3,400,000

Est. payment | -/mo

Save

0.42 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82026937

HOA Y/N No

Year Built 1964

Annual Tax Amount $45,324

Lot Size 0.420 Acres

Property Description

Multi-Tenant medical and professional office building, in the heart of Pacifica's Linda Mar district. This investment opportunity, offers 7,184 sqft of gross leasable area on a18,295 sqft lot, featuring 14 suites with 9 established tenants and 3 vacant units offering immediate upside potential. Tenancy is comprised of medical professionals, dentists, podiatrists, wellness providers, and other professionals, creating a stable and synergistic tenant mix. The property's flexible suite layout and zoning allow for continued multi-tenant operation or conversion to an owner-user headquarters with additional income from surrounding suites. With rents below market and vacancy upside, this asset presents a compelling value-add or owner-user investment along one of the most sought-after stretches of the Northern California coast. Located just off Hwy 1, the property benefits from excellent visibility and accessibility within walking distance to Linda Mar Beach, Safeway Shopping Center, and a vibrant mix of local anchor businesses including McDonald's, Starbucks, Chase Bank, and Ross. This highly desirable corridor along the San Mateo County Coast offers limited supply and consistent demand from professional and medical tenants seeking proximity to both San Francisco and the Mid-Peninsula.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning C1

Interior

Cooling None

Fireplace No

Exterior

Roof Type Bitumen

Total Parking Spaces 26

Building

Water Public

Others

Tax ID 022242050

Listed by Matt Aragoni Coldwell Banker Realty

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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667669 Crespi DR Pacifica, CA 94044