Pending

Pending (Do Not Show)

151 87th ST

DALY CITY CA, 94015

$3,000,000


$300.00 per sqft

Pending

Pending (Do Not Show)

10,000 sqft

Commercial

Built in 1900

Listed by Marcus & Millichap, Joshua Johnson, Listing Contact: 6503911784

Civic Center Plaza is a multi-tenant retail and office building located on 87th Street between Junipero Serra Boulevard and Sullivan Avenue. The building totals approximately 10,000 gross square feet and is situated on a 0.46-acre site. There are 34 parking spaces on site, for a ratio of 3.40 per 1,000 square feet. The ground floor retail space is currently leased to three tenants. Each unit has its own storefront facing the parking lot, which facilitates independent access for customers and provides flexibility for various types of businesses. There are multiple storefronts and the space can be demised to accommodate up to seven tenants. The second-floor office space houses several private offices, which are accessible through a dedicated stairway from the ground floor. These offices vary in size and configuration, tailored to accommodate different business needs such as small startups, consulting firms, or professional services. The second floor also features common men's and women's restrooms for the office tenants. All tenants are month-to-month and contract rents are well below market. This provides an investor the opportunity to increase rents to market and achieve an attractive return on the property.

ML81974213

MLS ID

July 24, 2024

Listed

November 22, 2024

Updated

Map

151 87th ST
DALY CITY CA, 94015

Interior Features

Total Stories

2


Interior Features

Laminate


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.46 Acres


Sewer

Public Sewer

Other Property Details

Area Name

'Original' Daly City


Garage

No


Parking

Off Street


Parking Total

34


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

Retail and Office Commercial

Listing History

Date

Event

Price

10/24/2024

Pending

8/22/2024

Under contract

Listed by Marcus & Millichap, Joshua Johnson,
Listing Contact: 6503911784 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sandra Darrow | CA DRE# 01974555 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Sandra Darrow | CA DRE# 01974555 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.

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Data last updated 4:48 AM UTC, 11/22/2024

 

 

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