$1,450,000
For Sale

6701 Mission Street

Daly City, CA 94014
0.05 acres | #ML81974187
Listing OfficeMarcus & Millichap
Browse 7 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

6701 Mission Street is a prime value-add investment opportunity, and also has the potential for owner-occupancy. All tenants are on month-to-month leases and pay rents below the market rate, presenting an enticing opportunity for investors to adjust rental rates to market. Additionally, the building could be purchased by an owner/user to occupy the entire ground floor space. The property is a mixed-use building located on Mission Street and Alp Avenue. The building is approximately 3,884 square feet and is situated on a 2,250 square foot site. The zoning designation for the site is Light Commercial, which allows for a wide range of office and retail uses. Currently, the ground floor of the property is occupied by a single retail tenant, and the upper floor is divided into eight private offices.

  • Property Details
      • Property SubtypeCommercialSale
      • Original List Price$1,450,000
      • MLS #ML81974187
      • MLS #ML81974187
      • CountySan Mateo
      • Property TypePurchase
      • Taxes Annual$15,832
      • Cost1450000
      • Acres0.0517
      • Utility SourcePublic
      • Year Built1904
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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