El Camino RealBelmont, CA 94002
- Other commercial real estate
- 0.15 AC
Property Details for El Camino Real
- Year built
- 1949
- Lot size
- 0.15 AC
- Property type
- Other commercial real estate
Description
This exceptional Belmont, CA commercial property presents a unique investment or owner-user opportunity. Situated on a 0.15-acre lot along El Camino Real, this mixed-use building comprises a fully operational restaurant and a separate residential home facing Middle Road. The restaurant, established in 2016, generates projected monthly rent of $8,000 and is included in the sale price of $4,000,000. All restaurant kitchen equipment and furnishings are included, representing a significant value-add. Note that the restaurant dishwasher is leased and not part of the sale. The residential home is currently occupied by tenants under a lease agreement. This property offers a compelling blend of income-generating potential from both the restaurant and residential rental, making it an attractive proposition for investors seeking a diversified portfolio. The property's strategic location on El Camino Real ensures high visibility and accessibility, further enhancing its investment appeal. Serious inquiries only
Location Insight
- City
- Belmont
- County
- San Mateo
- State
- California
- Latitude
- 37.5291
- Longitude
- -122.287
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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