1464 El Camino Real, Belmont Retail Property
Mixed Use | 6,100 SqFt
Marketing description
For Sale. Leased investment with Upside or Owner User opportunity. Ideal for an Owner-User. Building is +/-6,100 SF (per appraiser) on an 8,984 SF lot. Rear alley allows for parking in the rear or a small yard. Yard parking will allow for up to 12-13 cars in tandem. City of Belmont will have to provide final approval for any parking on the property. Great power (approx. 400 amps). Tenant is on a month-to-month lease paying below market rate rent and would like to remain. Future redevelopment opportunity as well for a high density mixed-use project. High average daily traffic counts and high-income demographics make this a can't miss investment.
Zoning allows for many retails uses including medical/dental, doggie daycare, veterinary services or any other retail uses. Please check with the City of Belmont Planning Department to confirm your use is allowed in this location.
Broker is a part owner of the property.
Investment highlights
Leased Investment with Tremendous Upside, Owner User Opportunity or Redevelopment Opportunity
Single or Multiple Tenant Retail or Office Use
Tenant on Month-to-Month Lease
High Average Daily Traffic Counts
High Income Demographics
Redevelopment Potential with High Density Mixed-Use Building
Many Retail Uses Allowed
Pet Services such as Doggie Daycare, Veterinarian Services or other Medical Uses Allowed (Confirm with Belmont Planning)
Broker is a part owner of the property.
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