About This Restaurant
Investment Highlights
Shovel ready development approved No parking required for Commercial Restaurant or other uses Very Flexible Zoning
Executive Summary
25 Visitacion Ave. is located in the highly desirable town of Brisbane which is known for its natural setting, scenic views and sunshine. This property is centrally located and is approximately 2300sf of commercial space (was used as restaurant. Now vacant). Wonderful location, warm community. Open business easily. No parking required for restaurant and many other uses. Option 2: build new. Owner has shovel ready plans for 4000sf single family home. Opportunity to develop: Residential allowed: single family homes, apartments, condos. Very flexible zoning. Walking distance to Public Transportation, shopping, schools and more.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Storefront Retail/Residential Office Office Residential Office Office Live Work Unit Restaurant
- Building Size 2,300
- Building Class C
- Year Built 1956
- Price 868,000
- Price Per SF 377
- Cap Rate 4.50
- NOI 39,060
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.86
- Land Acres 0.06 AC
Amenities
- Restaurant
Property Taxes
| Parcel Number | 007-222-090 | Improvements Assessment | $312,576 (2022) |
| Land Assessment | $312,576 (2022) | Total Assessment | $9,000 (3.91/SF) |
| Date Created: | 2024-07-16 04:09:25 | Last Updated: | 2024-07-16 04:09:25 |
| Address: | 25 Visitaction Ave , Brisbane, California, 94005 | ||