667-669 Crespi Drive, Pacifica, CA 94044

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List Price
$3,400,000
Status
ACTIVE
MLS#
ML82026937
Year Built
1964
Property Type
Comm Ind For Sale
Living Area
8,533
Lot Size
18,295
Acres
0.42
County
San Mateo
Subdivision
Ca

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.

Additional Information

Parking Features
Common
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Matt Aragoni from Coldwell Banker Realty. 650-483-8949

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