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Listed by Alexander Kent • Compass, DRE#01718732
$ 1,400,000
Est. payment | /mo
3,000 Sqft Lot
$ 1,400,000
Est. payment | /mo
3,000 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82044092
Lot Size 3,000 Sqft
Property Sub-Type Residential Development Land
Property Description
This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.
Location
State CA
County San Mateo
Area Howard Park Etc.
Zoning MU-N-50: retail, office, resid. dev.
Exterior
Fence None
Utilities Available Natural Gas, Public Utilities
View None
Present Use Commercial
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 051-358-020
Horse Property No
Special Listing Condition Not Applicable
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