151 87Th Street

Daly City, CA 94015

$3,000,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1900

calendar_month Built

Property Description

Civic Center Plaza is a multi-tenant retail and office building located on 87th Street between Junipero Serra Boulevard and Sullivan Avenue. The building totals approximately 10,000 gross square feet and is situated on a 0.46-acre site. There are 34 parking spaces on site, for a ratio of 3.40 per 1,000 square feet. The ground floor retail space is currently leased to three tenants. Each unit has its own storefront facing the parking lot, which facilitates independent access for customers and provides flexibility for various types of businesses. There are multiple storefronts and the space can be demised to accommodate up to seven tenants. The second-floor office space houses several private offices, which are accessible through a dedicated stairway from the ground floor. These offices vary in size and configuration, tailored to accommodate different business needs such as small startups, consulting firms, or professional services. The second floor also features common men's and women's restrooms for the office tenants. All tenants are month-to-month and contract rents are well below market. This provides an investor the opportunity to increase rents to market and achieve an attractive return on the property.

Listing Information

List Price $3,000,000
Status Pending
MLS ML81974213
HOA $0
Type Commercial
Year Built 1900
Lot Size 20,000
Structure Size N/A
DOM 30
Courtesy Of Marcus & Millichap
Listing Agent Joshua Johnson DRE#01930127

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Joshua Johnson, Marcus & Millichap 650-391-1784. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 12:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.