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667-669 Crespi DrivePacifica, CA 94044

San Mateo County

$3,400,000List price
8,533Sq Ft
1964Year built
0.42Acre lot
11 months agoOn market

Description

Multi-Tenant medical and professional office building, in the heart of Pacifica's Linda Mar district. This investment opportunity, offers 7,184 sqft of gross leasable area on a18,295 sqft lot, featuring 14 suites with 9 established tenants and 3 vacant units offering immediate upside potential. Tenancy is comprised of medical professionals, dentists, podiatrists, wellness providers, and other professionals, creating a stable and synergistic tenant mix. The property's flexible suite layout and zoning allow for continued multi-tenant operation or conversion to an owner-user headquarters with additional income from surrounding suites. With rents below market and vacancy upside, this asset presents a compelling value-add or owner-user investment along one of the most sought-after stretches of the Northern California coast. Located just off Hwy 1, the property benefits from excellent visibility and accessibility within walking distance to Linda Mar Beach, Safeway Shopping Center, and a vibrant mix of local anchor businesses including McDonald's, Starbucks, Chase Bank, and Ross. This highly desirable corridor along the San Mateo County Coast offers limited supply and consistent demand from professional and medical tenants seeking proximity to both San Francisco and the Mid-Peninsula.

Property Information

Property type
Commercial Sale
Sub-type
Industrial
Year built
1964
Living area
8,533 Sq Ft
Lot size
0.42 acres
Zoning
C1
Days on market
333
MLS® Listing#
ML82026937

Property Features

Parking
Common
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
022242050

Directions

Highway 1 to Crespi Dr, propert

Bridge MLS logo

Listing Courtesy: Coldwell Banker Realty

Presented by: Matt Aragoni

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