740 El Camino Real Belmont, CA 94002
- Retail space
- 3,915 SF
- 0.15 lot acres
Current Use by Public Records
- Iberia / Tapas Restaurant
- Richard E Davidson & Co / Mortgage Lender
Property Details for 740 El Camino Real
- Year built
- 1949
- Lot size
- 0.15 lot acres
- Property size
- 3,915 SF
- Zone code
- C30000
- Property type
- Retail space
- APN
- 044-222-150
- APU
- 44222150
Description
This exceptional Belmont, CA commercial property presents a lucrative investment or owner-user opportunity. Located at 740 El Camino Real, this 3,915 square foot mixed-use building sits on a 0.15-acre lot and is offered at $4,000,000. The property comprises a full-service restaurant currently generating projected monthly rent of $8,000, and a separate residential unit with existing tenants under lease. The restaurant, established in 2016, is included in the sale with all kitchen equipment and furnishings (excluding the leased dishwasher). The restaurant's modern kitchen equipment was new at the time of installation. This presents a unique opportunity to acquire a property with established income streams from both commercial and residential tenants. The building's strategic location on El Camino Real and Middle Road offers excellent visibility and accessibility. Serious inquiries only
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- San Mateo
- State
- California
- Longitude
- -122.279
- Latitude
- 37.5225
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
