3150-3184 Spring St
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3150-3184 Spring St
14,290 SF Vacant Industrial Building Redwood City, CA 94063 For Sale
Investment Highlights
- Blocks away from Stanford Medical Center
- 18 foot clear height
- Close proximity to Woodside Road and HWY 101
- 5 grade level 14x16 roll-up doors with additional 10x12 roll-up door at 793 5th Ave. location.
- All units seperately metered for gas and electricity
- Centrally located between San Jose, East Bay, and San Francisco
Executive Summary
First time on the market since 1978, this fantastic owner/user property is now available for sale. The site consists of 2 separate buildings on one +/- 25,000 sqft parcel. 2 units are vacant with a third being available shortly after close of escrow. The remaining 3 units have leases that expire August of 2024 with the potential to cancel the lease early for two contiguous spaces. The rear parking area is fenced and secured with IR (industrial restricted) zoning that allows for a wide variety of industrial, manufacturing, and R&D type uses. SBA financing would be a great fit here since over 50% occupancy is available immediately. Remaining occupied units are far below market rent and re-tenanting the spaces would be easily possible. Pricing is based off of the ground floor area of approximately 12,790 sqft .
Property Facts
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Warehouse | Parking Ratio | 1.26/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18 ft |
| Lot Size | 0.59 AC | Level Access Doors | 5 |
| Rentable Building Area | 14,290 SF | Opportunity Zone |
Yes
|
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.59 AC |
| Rentable Building Area | 14,290 SF |
| Number of Floors | 1 |
| Year Built | 1978 |
| Parking Ratio | 1.26/1,000 SF |
| Clear Ceiling Height | 18 ft |
| Level Access Doors | 5 |
| Opportunity Zone |
Yes |
Amenities
- Fenced Lot
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 3150
- 4,790 SF
- Industrial
- -
- Now
- 1st Fl - 3158
- 2,412 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 3150 | 4,790 SF | Industrial | - | Now |
| 1st Fl - 3158 | 2,412 SF | Industrial | - | Now |
| 1st Fl - 3180 | 2,480 SF | Industrial | - | Now |
| 1st Fl - 3184 | 2,575 SF | Industrial | - | Now |
| 1st Fl - 793 5th Ave | 2,500 SF | Industrial | - | Now |
1st Fl - 3150
| Size |
| 4,790 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 3158
| Size |
| 2,412 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 3180
| Size |
| 2,480 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 3184
| Size |
| 2,575 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 793 5th Ave
| Size |
| 2,500 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
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1st Fl - 3180
| Size | 2,480 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
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1st Fl - 3184
| Size | 2,575 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
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1st Fl - 793 5th Ave
| Size | 2,500 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 055-086-010 | Improvements Assessment | £1,087,844 |
| Land Assessment | £3,424,693 | Total Assessment | £4,512,537 |
PROPERTY TAXES
Parcel Number
055-086-010
Land Assessment
£3,424,693
Improvements Assessment
£1,087,844
Total Assessment
£4,512,537
zoning
| Zoning Code | IR (Industrial Restricted) |
| IR (Industrial Restricted) |
-
Bryan DiMesio -
Marcus & Millichap
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3150-3184 Spring St
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