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Listed by Paul Zech, DRE #01965059 • Coldwell Banker Realty
$8,900,000
Est. payment /mo
4,007 SqFt
UPDATED:
Key Details
Property Type Commercial/Industrial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 4,007 sqft
Price per Sqft $2,221
MLS Listing ID ML82017567
Year Built 1967
Lot Size 0.748 Acres
Property Sub-Type Commercial Property
Source MLSListings, Inc.
Property Description
The Value Is The Land, Location & Development Opportunity however; the current nursery operation and annual income could be a real positive while planning for a larger development. The parcel offers 32,583 sq. ft. Zoned for Mixed Use Neighborhood MUN. Redwood City Planning Department has suggested a 60 foot in height residential building, other commercial height limit is 35 feet in height. Other uses suggested are hotel, senior/.assisted living, as well as many other possibilities. Currently owned and operated family nursery for several decades. The existing two story is approximately 4,077 sq. ft. with residence on second floor and structure currently mixed-use. Buyer could continue nursery operation and enjoy healthy annual sales, and residential rental income from living unit on second floor while planning their proposed development with the Redwood City.
Location
State CA
County San Mateo
Area Central Park Etc.
Zoning Commercial
Interior
Heating Other
Cooling Other
Exterior
Parking Features Parking Area
Garage Spaces 10.0
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Public
Others
Tax ID 053-295-040-A
Special Listing Condition Not Applicable
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