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32474100
32474101

901 MAIN ST, REDWOOD CITY, CA 94063-1903

RG
CA 0204779
The Corcoran Group
DL
CA 02239783
Corcoran Icon Properties
EH
CA 02248856
The Corcoran Group
Listed by The Corcoran Group, Corcoran Icon Properties
$2,600,000
27 days on market
Updated 19 days ago

PRIME MIXED USE ASSET | DOWNTOWN REDWOOD CITY

Details
APN 053135010
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 5,000
Units 2
Cap Rate 5.2%
NOI $135,305
Occupancy 100%
Year Built 1901
Year Renovated 1992
Lot Size (SqFt) 2,619
Investment Type Stabilized
Ground Lease No

100% LEASED | STRONG TENANT MIX

Marketing description

Catalyst Commercial Partners is pleased to present 901–903 Broadway Street, a rare historic mixed-use investment opportunity located in the heart of Downtown Redwood City.

This ±5,000 square foot two-story asset features a unique blend of stabilized retail and residential income, consisting of two ground-floor retail suites and four upper-floor residential units.

Originally constructed in 1901 and structurally renovated in 1992, the property offers investors the opportunity to acquire a true Main Street landmark within one of the Peninsula’s most supply-constrained and rapidly evolving submarkets.

Positioned within the Downtown Precise Plan corridor, the property benefits from exceptional walkability to Caltrain, major employers including Oracle, Electronic Arts, and Box, as well as continued redevelopment activity throughout Downtown Redwood City.

The property is currently 100% occupied with long-term in-place tenancy, providing stable day-one cash flow with long-term appreciation potential in a high-barrier-to-entry market.

Investment highlights

  • Rare Historic Mixed-Use Building in Downtown Redwood City
  • Fully Occupied Asset with Stable In-Place Cash Flow
  • Two Ground-Floor Retail Suites with Residential Units Above
  • Prime Main Street Frontage Near Caltrain & Major Employers
  • Structurally Retrofitted & Renovated While Preserving Historic Character
  • Located Within Redwood City’s Highly Supply-Constrained Downtown Corridor

Listing Contacts

RG
CA 0204779
The Corcoran Group
DL
CA 02239783
Corcoran Icon Properties
EH
CA 02248856
The Corcoran Group
Listed by The Corcoran Group, Corcoran Icon Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,305.00
$11,275.42/mo

Valuation Metrics

0
DSCR
5.2%
Cap Rate
5.2%
ROI

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Additional Information

Name
Rachna Gandhi
License
0204779
Brokerage
Corcoran Icon Properties
Brokerage Phone
(650) 788-3557
Name
Diego Labutay
License
02239783
Brokerage
Norcal United Real Estate Partners
Title
Commercial Real Estate Agent
Brokerage Address
1116 South El Camino Real
Name
elon harmon
License
02248856
Brokerage
Corcoran Icon Properties
Brokerage Phone
9167695299
Title
Real estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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