45 Visitacion AveBrisbane, CA 94005

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 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.

• 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

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