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Pacifica Multi-Tenant Medical Office Building

667-669 Crespi Drive, Pacifica, CA 94044

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For Sale

$3,400,000

Multi-tenant medical/professional office building in Pacifica's Linda Mar district.

Type:Commercial

Property size:

8,533 SF

Lot size:

0.42 Acres

Price / SF:

$398/SF

HighLights

Prime location in Pacifica's Linda Mar district, near Linda Mar Beach, Safeway, and other anchor businesses.
7,184 sqft of gross leasable area with 14 suites and a synergistic mix of 9 established medical and professional tenants.
Immediate upside potential with 3 vacant units and below‑market rents.
Flexible suite layout and zoning allows for multi‑tenant operation or conversion to owner‑user headquarters.
Excellent visibility and accessibility just off Hwy 1.
High demand location on the San Mateo County Coast with limited supply.

We can help!

Contact an agent

MATT ARAGONI

Learn more

For Sale

$3,400,000

Multi-tenant medical/professional office building in Pacifica's Linda Mar district.

Type:Commercial

Property size:

8,533 SF

Lot size:

0.42 Acres

Price / SF:

$398/SF

Added:: Nov 8, 2025
Days on Market:: 241
Last Refresh:: Jul 4 at 1:14 pm

Property Features for 667-669 Crespi Drive

General Information

Standard status: Active
Size: 8,533 SF
Lot size: 0.42 Acres
Property subtype: Commercial

Building Details

Year Built: 1964

We can help!

Contact an agent

MATT ARAGONI

Listing office COLDWELL BANKER REALTY

Listing date Nov 8, 2025

Source Corcoran

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 COLDWELL BANKER REALTY

HighLights

Prime location in Pacifica's Linda Mar district, near Linda Mar Beach, Safeway, and other anchor businesses.
7,184 sqft of gross leasable area with 14 suites and a synergistic mix of 9 established medical and professional tenants.
Immediate upside potential with 3 vacant units and below‑market rents.
Flexible suite layout and zoning allows for multi‑tenant operation or conversion to owner‑user headquarters.
Excellent visibility and accessibility just off Hwy 1.
High demand location on the San Mateo County Coast with limited supply.

Overview

This multi-tenant medical and professional office building is located in the heart of Pacifica's Linda Mar district. The property offers 7,184 square feet of gross leasable area on an 18,295 square foot lot. It features 14 suites with 9 established tenants and 3 vacant units. The tenancy includes medical professionals, dentists, podiatrists, wellness providers, and other professionals. The property's flexible suite layout and zoning allow for continued multi-tenant operation or conversion to an owner-user headquarters with additional income from surrounding suites. Located just off Hwy 1, the property benefits from excellent visibility and accessibility within walking distance to Linda Mar Beach, Safeway Shopping Center, and a vibrant mix of local anchor businesses including McDonald's, Starbucks, Chase Bank, and Ross. This corridor along the San Mateo County Coast offers limited supply and consistent demand from professional and medical tenants seeking proximity to both San Francisco and the Mid-Peninsula.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$469.0k	$54.96
− Vacancy	−$104.6k	−$12.26
EGI	$364.4k	$42.70
− OpEx	−$91.1k	−$10.68
NOI	$273.3k	$32.03

8,533 SF · lease $54.96/SF/yr · vacancy 22.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$3.90M

$3.42M – $4.55M (±1% cap)

NOI $273,294 @ 7.0% cap · market cap 8.04%

Second Best

Healthcare Medical

$3.89M

$3.40M – $4.54M (±1% cap)

NOI $272,353 @ 7.0% cap · market cap 8.01%

Theoretical Best

Warehouse

$6.78M

$5.93M – $7.91M (±1% cap)

NOI $474,450 @ 7.0% cap · market cap 13.95%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Similar Places Nearby

Linda Mar Veterinary Hospital — 985 Linda Mar Blvd, Pacifica, CA 94044
Cucaro Angelique DVM — 985 Linda Mar Blvd, Pacifica, CA 94044
Donna Tanzella, PhD, DVM — 1290 Danmann Ave, Pacifica, CA 94044
Claudine Falcis, DVM — 985 Linda Mar Blvd, Pacifica, CA 94044
Dana Thistlethwaite, DVM — 985 Linda Mar Blvd, Pacifica, CA 94044

Location Insight

Map
Local Demand

City: Pacifica
County: San Mateo
State: California
Longitude: -122.4967211
Latitude: 37.596502

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For sale
Medical Office Space
CA
Pacifica
94044
667-669 Crespi Drive

What type of property is this?

Medical Office Space - Multi-tenant medical/professional office building in Pacifica's Linda Mar district.

Where is this medical office space located?

The property is located at 667-669 Crespi Drive Pacifica, CA.

What is the asking price?

The asking price for this property is $3,400,000.

What are key features of this property?

This property features: Prime location in Pacifica's Linda Mar district, near Linda Mar Beach, Safeway, and other anchor businesses.; 7,184 sqft of gross leasable area with 14 suites and a synergistic mix of 9 established medical and professional tenants.; Immediate upside potential with 3 vacant units and below‑market rents.