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$700,000
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Property Description
WHY RENT AND PAY FOR THE OWNERS PROPERTY WHEN YOU CAN OWN IT YOURSELF!!! This commercial property has 2 buildings!!! There are enough parking spaces for approx. 25 cars!!! There are five (5) roll up doors! Palmetto Avenue is in the Palmetto Business District just a block away from the Pacific Ocean and Highway One. Palmetto Business District offers restaurants, specialty shops, gift stores, trade services and auto repair and more. Just 20 minutes to the San Mateo Peninsula and 15 minutes to San Francisco. Rental Net Income is $80,000 a year with an increase due in January 2025. Do NOT DISTURB tenants. Do NOT go directly to property. Your realtor must call for an appointment to preview the property. Thank you
Full Property Details
Full Property Details for 1050 Palmetto Ave
General
- Sold For: $700,000
- Status: Closed
- Type: Commercial
- Source: MAX
- MLS ID: 41061676
- Added to Site: 601 day(s) ago
Interior
- Flooring: Concrete
Parking
- Parking Features: Enclosed, Private Lot, Room for Truck Parking
Location
- Area: Listing
- County: San Mateo
- Driving Directions: Manor to Palmetto Avenue
Heating & Cooling
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Master Meter
Structural Information
- Exterior Const.: Stucco, Other
- Stories/Levels: One
- Living Area: 2,400 Sq. Ft.
- Year Built: 2016
Lot Features
- Lot Size (Acres): 0.46
- Lot Dimensions: 20102
- Lot Features: Industrial District
- Lot Description: Industrial District
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $365
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 9074230
Listed by Corcoran Icon Properties, Annie Brown
Sold by Remax Optima, Andrew Awaida
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Schools
Schools serving 1050 Palmetto Ave
School Districts:Jefferson Union High School District, Pacifica School District
| Name | Grades | Distance |
|---|---|---|
Ocean Shore Elementary School 411 Oceana Boulevard, Pacifica, CA 94044 | K-8 | 0.5 mi |
Sunset Ridge Elementary School 340 Inverness Drive, Pacifica, CA 94044 | K-5 | 1 mi |
Vallemar Elementary School 377 Reina Del Mar Avenue, Pacifica, CA 94044 | K-8 | 2 mi |
Ingrid B. Lacy Middle School 1427 Palmetto Avenue, Pacifica, CA 94044 | 6-8 | 0.4 mi |
Westmoor High School 131 W.moor Ave., Daly City, CA 94015 | 9-12 | 2.8 mi |
Terra Nova High School 1450 Terra Nova Boulevard, Pacifica, CA 94044 | 9-12 | 3.4 mi |
Jefferson High School 6996 Mission Street, Daly City, CA 94014 | 9-12 | 3.9 mi |
Cabrillo Elementary School, Pacifica, CA 601 Crespi Drive, Pacifica, CA 94044 | K-8 | 3.2 mi |
Ortega Elementary School 1283 Terra Nova Boulevard, Pacifica, CA 94044 | K-5 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 Palmetto Ave
Date
Details
Price
Change
Source
10/18/2024
Sold
$700,000
-20%
MLS
8/24/2024
Price Reduced
$875,000
-35.19%
MLS
5/31/2024
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1050 Palmetto Avenue, Pacifica, CA 94044 (MLS# 41061676) is a Commercial property that was sold at $700,000 on October 18, 2024. Want to learn more about 1050 Palmetto Avenue? Do you have questions about finding other Commercial real estate for sale in Pacifica? You can browse all Pacifica real estate or contact a Coldwell Banker agent to request more information.

