Coastal Commercial Property with Harbor
168 W Point AVE, Half Moon Bay, CA 94019
New
- Added:
- May 14, 2026
- Days on Market:
- 3
- Last Refresh:
- May 16 at 2:06 pm
Property Features for 168 W Point AVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- ML00M1
- Rooms
- Office
- Parking
- 2
- Parking features
- Garage, Garage - Attached
- Interior features
- None, Fire System - Sprinkler
- Standard status
- Active
- Size
- 1,930 SF
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1993
- Flooring type
- Linoleum, Tile, Vinyl
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kulda Group License #70010081 (650) 560-8663
Listing office KW Advisors 1430 Howard Avenue, Burlingame, CA (650) 627-3700
Listing date May 14, 2026
MLS# ML82047283
Listing URL
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime coastal location in Pillar Point, offering moments‑away beach and harbor access.
- Versatile layout suitable for shop, warehouse, or office use with approximately 1,000 sq ft of ground‑level space and 900 sq ft of upstairs office space.
- Enjoy the expansive 900 sq ft rooftop deck with panoramic harbor, Mavericks, and coastal views.
- Thoughtfully designed office space includes a full kitchen, laundry area, private bathroom, break room with deck access, and a separate office.
- Ground‑level shop/warehouse features 12‑foot ceilings and three‑phase power.
- Includes fire sprinklers, a security system, and appliances: range, refrigerator, and washer/dryer.
Overview
Located in Pillar Point, this commercial property offers coastal access and harbor proximity. Constructed approximately 25 years ago, the building provides a versatile layout suitable for various uses. The ground level features around 1,000 square feet of shop or warehouse space, characterized by 12-foot ceilings and three-phase power, along with an attached private office. The upper level provides approximately 900 square feet of office space, including a full kitchen, laundry area, private bathroom, and a break room that opens to a deck with harbor and Mavericks views, plus an additional separate office. A spiral staircase leads to an expansive rooftop deck of approximately 900 square feet, offering panoramic views of the harbor, Mavericks Point, Half Moon Bay Airport, and the surrounding hills. The property includes fire sprinklers, a security system, and appliances such as a range, refrigerator, and washer/dryer. The zoning is ML00M1. The property offers a quiet work environment. The property size is 1,930 square feet.
Financial Insights
Value Estimation Calculated for Warehouse
Conservative
$1.19M
NOI $107,312 @ 9.00% cap · cautious / downside scenario
Moderate
$1.53M
NOI $107,312 @ 7.00% cap · market / base-case scenario
Aggressive
$2.15M
NOI $107,312 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Warehouse
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.5k | $68.64 |
| − Vacancy | −$6.2k | −$3.23 |
| EGI | $126.2k | $65.41 |
| − OpEx | −$18.9k | −$9.81 |
| NOI | $107.3k | $55.60 |
1,930 SF · lease $68.64/SF/yr · vacancy 4.70% · expense 15.00%
Alternative Use Scenarios
Best Use
Warehouse
$1.53M
$1.34M – $1.79M
NOI $107,312 @ 7.0% cap · market cap 7.67%
Second Best
Industrial
$1.26M
$1.10M – $1.47M
NOI $88,374 @ 7.0% cap · market cap 6.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Half Moon Bay
- County
- San Mateo
- State
- California
- Longitude
- -122.4934852
- Latitude
- 37.5028984
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Versatile commercial building near Pillar Point with harbor and Mavericks views.
Where is this flex space located?
The property is located at 168 W Point AVE Half Moon Bay, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Prime coastal location in Pillar Point, offering moments‑away beach and harbor access.; Versatile layout suitable for shop, warehouse, or office use with approximately 1,000 sq ft of ground‑level space and 900 sq ft of upstairs office space.; Enjoy the expansive 900 sq ft rooftop deck with panoramic harbor, Mavericks, and coastal views.
