740 El Camino Real, Belmont, CA 94002 - ML81763543 - iPro Real Estate
iPro Real Estate

iPro Real Estate

740 El Camino Real
Belmont, CA 94002

Active, Commercial Sale

Price Increase
For Sale

$3,998,000 $1,021.20 per sqft

Free Professional CMA

Listing ID : ML81763543

  • Structure / Lot Size

    3,915 Sqft / 0.1458 Acre

  • Year

    1949

Description

This is a wonderful opportunity for either an owner user or an investor. This is a mixed use building which includes a home that fronts Middle Rd and a full service restaurant currently occupied by the building owner that fronts El Camino Real. The rents include projected rent of $8000/mo for the restaurant. The house is occupied by tenants who currently have a lease. The sale includes all of the restaurant kitchen equipment, and furnishings. The restaurant was put into the building in 2016- All of the kitchen equipment was new at that time. Note: the restaurant dishwasher is leased and not included with the sale. Do not go to the property without being accompanied by an agent with an appointment made in advance.

Details

Type: Commercial Sale 
Subdivision: Belmont Country Club Etc. 
County: San Mateo 
Facilities: 1 Restroom Per Unit, Front Sign, Kitchen, Living Quarters, Loading Dock, Manager's Office, Refrigeration 
Security Features: Fire Alarm , Security Lights 
Tax ID: 044-222-150
Annual Taxes: $26,500
Business Type: Restaurant 
Building Size: 3,915 SqFt 
Cap Rate: 3.25% 
Gross Rent Multiplier: 23.73 
Days on Market: 1,724 
Access Features: Bathroom Features, Wheelchair Access, Wide Halls / Doors (3 Ft +) 
AltCal ID: ML81763543 
Cooling: Central AC 
Flooring: Hardwood 
Foundation: Concrete Slab 
Heating: Central Forced Air - Gas 
Loading Facility: Alley Loading 
Number of Buildings: 1 
Number of Tenants: 2 
Parking Spaces: 7 
Property Type: Commercial Sale 
Restrictions: Parking Restrictions 
Roof: Flat / Low Pitch 
Sewer: Sewer - Public, Sewer Connected 
Sub Type: Commercial Property 
Utilities: Garbage Collection, Individual Electric Meters, Individual Gas Meters, Public Utilities 
Water: Public 

Show More

Interactive

37.528973 -122.287079 $3,998,000 ML81763543
740 El Camino Real, Belmont, CA 94002
Directions to here from:

Mortgage Calculator

Listed by Pamela Culp with Compass

Based on information from the MLSListings MLS) as of 4/25/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 4/25/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes