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637 Main St

5,727 SF 55% Leased Office Building Half Moon Bay, CA 94019 £2,345,983 (£410/SF) 2.10% Net Initial Yield

Investment Highlights

  • Sprinklered
  • Storage
  • Private Parking
  • ADA Parking

Executive Summary

2 -Story Class C Office Space For Sale
Sprinklered
Storage
ADA Parking

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
5,727 SF
Building Class
C
Year Built
1940
Price
£2,345,983
Price Per SF
£410
Net Initial Yield
2.10%
NOI
£49,266
Percent Leased
55%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,176 SF
Building FAR
0.63
Lot Size
0.21 AC
Zoning
C-D Heritage - Commercial-Downtown Heritage District (C-D Heritage) which allows for ground floor retail and upper-level office/residential
Parking
6 Spaces (1.05 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 2,570 SF
  • Office
  • Shell Space
  • Now

Second floor office space Shared deck Two restrooms

Space Size Space Use Condition Available
2nd Floor 2,570 SF Office Shell Space Now

2nd Floor

Size
2,570 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Floor

Size 2,570 SF
Space Use Office
Condition Shell Space
Available Now

Second floor office space Shared deck Two restrooms

Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
056-176-100
Land Assessment
£907,831
Improvements Assessment
£1,714,796
Total Assessment
£2,622,627
  • Listing ID: 30532940

  • Date on Market: 04/01/2024

  • Last Updated:

  • Address: 637 Main St, Half Moon Bay, CA 94019

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