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$ 8,900,000
Est. payment | /mo
0.75 Acres Lot
$ 8,900,000
Est. payment | /mo
0.75 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82017567
HOA Y/N No
Year Built 1967
Lot Size 0.748 Acres
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 699 - Not Defined
Zoning Commercial
Interior
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 10
Building
Story 2
Water Public
Others
Tax ID 053295040A
Listed by Paul Zech Coldwell Banker Realty #01965059
NEARBY SCHOOL & BUSINESS
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