979 Unit 103Millbrae, CA 94030

Property Details for 979 Unit 103

Year built

1968

Lot size

1.11 AC

Property type

Other mixed-use properties

Property subtype

Mixed-use properties

Description

This exceptional mixed-use property, located at 979 Unit 103, Millbrae, CA, presents a unique investment opportunity. Situated on a 1.11-acre lot in Millbrae's vibrant downtown retail district, this 1688 square foot space is currently configured as a bank, offering unparalleled visibility and signage potential. The property benefits from a substantial sub-level garage, providing ample parking for customers and employees. Its prime location off El Camino Real ensures easy access to Highway 101, maximizing exposure to a diverse and high-traffic demographic. The surrounding area boasts a concentration of busy grocery stores and other retail establishments, creating a synergistic environment for increased foot traffic and business opportunities. The property's high visibility and convenient access points make it an ideal location for a variety of retail businesses. The net lease is approximately $1,980 per month, with availability commencing September 1, 2024. This is a rare chance to acquire a well-established commercial space in a thriving location with significant growth potential. The property's size, location, and existing infrastructure make it an attractive proposition for discerning investors seeking a strong return on investment.

Location Insight

City

Millbrae

County

San Mateo

State

California

Latitude

37.5941

Longitude

-122.396

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