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564 El Camino Real Belmont, CA 94002
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Key Details
Sold Price $1,675,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,970 sqft
Price per Sqft $337
MLS Listing ID ML81899585
Sold Date 08/08/22
HOA Y/N No
Year Built 1956
Lot Size 0.300 Acres
Property Description
Opportunity Abound! Situated on the El Camino in Belmont, this prime parcel offers a myriad of possibilities due to its size, shape and broad zoning criteria. Located in Belmont's Corridor Mixed Use ('CMU') zoning district which is intended to accommodate community and visitor-serving retail and services, lodging, office and high density residential in a mixed use setting. A mix of uses on individual development sites is desires, but not required. A community benefits program allows additional height, density and intensity to be granted in exchange for the provision of specified community benefits. The property is currently leased to an automotive tire/wheel company which sublets the front showroom to a retail tenant. Tenant is currently on a month-to-month basis.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning CMU
Interior
Cooling None
Fireplace No
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 5
Building
Water Public
Others
Tax ID 044201270
Financing Cash
Read Less
Bought with Gregory Terry • White Sand Realty Inc.
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