Two-Story Storefront
New
For Sale
$595,000
5 Wellington Avenue, Daly City, CA 94014
A side loading dock and multi-room office layout accommodate a range of commercial functions.
Property Size2,088 SF
Price / SF$284.96
Days on Market2
Property Features for 5 Wellington Avenue
General Information
Standard status
Active
Size
2,088 SF
Property subtype
Commercial
Additional Details
Corner Location
Yes
Amenities
car dock
reception area
front lobby
office reception area
high ceilings
bright lit entry
storage area
dock entry for truck access
shower bathrooms
bathroom
laundry-cleaning area
Attached Garage
Common Garage
Laminate Flooring
Tile Flooring
Vinyl / Linoleum Flooring
Building Details
Year Built
1985
Buildings
1
Stories
2
Listing Agency:
CENTURY 21 MASTERS
Listed By:
FEL AMISTAD · License #00930518
(650) 544-5221
Source:
Corcoran
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 12:10PM
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 CENTURY 21 MASTERS
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Investment Insights
Based on property information with market context.
Built in 1985, this 2,088-square-foot storefront property in Daly City spans two stories. The ground floor includes a reception area, storage, a bathroom, and a laundry and cleaning area. A side dock with slide-up doors provides truck access. Upstairs, three offices and an additional bonus room are complemented by two bathrooms with showers.
The building occupies a corner lot at 5 Wellington Ave. Walk Score is 75, Transit Score is 82, and Bike Score is 40.
The building occupies a corner lot at 5 Wellington Ave. Walk Score is 75, Transit Score is 82, and Bike Score is 40.
Key Highlights
- 2,088‑square‑foot, two‑story storefront building
- 1985 construction
- Side dock with slide‑up doors for truck access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,175
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,500
$703.5K
Cap Rate 7%
$502,500
$502.5K
Cap Rate 9%
$390,833
$390.8K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$52.6K $25.20/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$50.2K $24.07/SF
− OpEx
−$15.1K −$7.22/SF
NOI
$35.2K $16.85/SF
Area
Daly City, CA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,500
Cap Rate 7%
$502,500
Cap Rate 9%
$390,833
Alternative Uses
Best Use
Retail
$502.5K
$439.7K – $586.3K
NOI $35,175 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$919.3K
$804.4K – $1.07M
NOI $64,351 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
213k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 31%
Dining 6%
Apparel 1%
H Mart
Groceries
133,106 visits/mo
0.5 miles
Chevron
Shops & Services
16,298 visits/mo
0.4 miles
AutoZone
Shops & Services
13,741 visits/mo
0.0 miles
7-Eleven
Shops & Services
12,057 visits/mo
0.2 miles
Dollar Tree
Shops & Services
10,276 visits/mo
0.0 miles
Demographics for 94014, CA
48,677
Population
15,643
Households
3.1
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
6.4 sq mi
ZIP Area
7,606
Density / Sq Mi
$115,513
Median Household Income
$49,144
Median Earnings
$2,089
Median Rent
$979,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Thank You For The Flowers — 6785 Mission St, Daly City, CA 94014
Frequently Asked Questions
What type of property is this?
Storefront property - A side loading dock and multi-room office layout accommodate a range of commercial functions.
Where is this storefront property located?
The property is located at 5 Wellington Avenue Daly City, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,088‑square‑foot, two‑story storefront building; 1985 construction; Side dock with slide‑up doors for truck access
