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Mixed-Use Building with Apartments
For Sale
$2,000,000

648650 Kelly St, Half Moon Bay, CA 94019

Ground-floor commercial space sits beneath two naturally lit residential units, with rear garages and a secluded yard.

Property SizeContact for details
Days on Market559

Property Features for 648650 Kelly St

General Information

Standard status Active
Total Parking Spaces 2

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

back yard

Building Details

Buildings 3
Stories 2
Tenancy Multi
Listing Agency: Kinghorn Commercial Properties
Listed By: Randy Kinghorn · License #01743580
Source: Exprealty
Added: Feb 19, 2025 Changed: Aug 31 Last Checked: Aug 31 at 12:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kinghorn Commercial Properties

Investment Insights

Based on property information with market context.

This mixed-use property combines two ground-floor commercial units with two residential apartments above. One commercial space is occupied by a barbershop renovated in 2022, while the second has been used as an office and will be vacant at closing. The upper level contains two occupied 2bd/1ba apartments; one includes a bonus room, and both feature hardwood floors and abundant natural light.

Two vacant garage units are positioned behind the building, along with a secluded backyard intended for resident outdoor gatherings. The building was repainted in December 2024. Located on Kelly St in Half Moon Bay, the property offers a compact combination of commercial, residential, and ancillary garage space.

Key Highlights

  • Two ground‑floor commercial units, including a barbershop renovated in 2022
  • Two occupied 2bd/1ba apartments on the second floor
  • One apartment includes a bonus room; both have hardwood floors and natural light

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,157
Businesses Nearby

Demographics for 94019, CA

15,483
Population
5,849
Households
2.6
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
59.7 sq mi
ZIP Area
259
Density / Sq Mi
$153,272
Median Household Income
$72,042
Median Earnings
$1,977
Median Rent
$1,509,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space sits beneath two naturally lit residential units, with rear garages and a secluded yard.
Where is this mixed-use property located?
The property is located at 648650 Kelly St Half Moon Bay, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two ground‑floor commercial units, including a barbershop renovated in 2022; Two occupied 2bd/1ba apartments on the second floor; One apartment includes a bonus room; both have hardwood floors and natural light
More about this property
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