45 Visitacion AveBrisbane, CA 94005
- Retail properties
- 1,800 SF
Property Details for 45 Visitacion Ave
- Year built
- 1955
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 1,800 SF
- Zone code
- C20000
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 007-222-130
- APU
- 7222130
Description
This exceptional mixed-use property at 45 Visitacion Avenue in Brisbane, California presents a unique investment opportunity. The 1,800 square foot building sits on a 0.06-acre lot in the heart of Brisbane, offering high visibility and accessibility. Currently housing a well-established deli, Julie's Deli, the property benefits from a strong existing tenant and a loyal customer base. The deli's long-standing presence in the community has fostered a tradition of Friday night dinners, attracting families and contributing to the vibrant atmosphere of the town. This location provides an excellent opportunity for continued success with the existing business or for redevelopment to suit a variety of uses, given its central location and high foot traffic. The property's historical significance adds to its appeal, offering a chance to be part of preserving a cherished community landmark. The asking price is $828,000. This is a rare chance to acquire a profitable, established business with significant potential for future growth in a desirable California location. The property's central location offers easy access to local amenities and transportation, making it an attractive proposition for both business owners and investors. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $813,108
- 6.5%
- $750,562
- 7%
- $696,950
-
Comparable approach
- Method
- Valuation
- Relative Method
- $991,086
- Geo Method
- $1,265,136
-
Alternative Use
- Use
- Valuation
- Residential
- $633,127
- Hospitality
- $579,941
- Educational
- $482,504
- Medical
- $499,098
- Retail
- $750,562
Location Insight
- City
- Brisbane
- County
- San Mateo
- State
- California
- Latitude
- 37.6838
- Longitude
- -122.403
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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