426 Macarthur Ave Redwood City, CA 94063
- Warehouses
- 3,750 SF
- 0.11 lot acres
Current Use by Public Records
- Fritz Chin Photography / Portrait Studio
- Asian Bentos / Restaurant
- Cultured Cuisine / Restaurant
- Juice & Vine Cold Pressed Juicery / Juice Shop
- Redwood City Eats / Restaurant / Food Court
Property Details for 426 Macarthur Ave
- Year built
- 1981
- Lot size
- 0.11 lot acres
- Property size
- 3,750 SF
- Zone code
- ML00M1
- Property type
- Warehouses
- APN
- 054-233-060
- APU
- 54233060
Description
This exceptional 250-square-foot commercial kitchen space, located at 426 MacArthur Ave in Redwood City, California (zip code 94063), presents a fantastic opportunity for food entrepreneurs. Classified as a Class B property within San Mateo County, this single-tenant retail space is perfect for a variety of culinary ventures. The kitchen is ideally suited for ghost kitchens, catering businesses, food trucks seeking an expanded production area, or established restaurants looking to expand their operations affordably. Its compact size minimizes overhead costs while maximizing efficiency. The kitchen is a turnkey solution, designed for quick and cost-effective setup, allowing businesses to focus on their core operations – food preparation and delivery. This location offers easy access to major transportation routes, ensuring convenient delivery to a large customer base within Redwood City and the surrounding areas. The property's total building size is 200 square feet, with the kitchen occupying the majority of the space. This is an excellent opportunity to establish or expand a food-based business in a thriving market. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,605,000
- 6.5%
- $1,605,000
- 7%
- $1,515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,450,000
- Geo Method
- $1,550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,500,000
- Retail
- $1,545,000
- Mixed-Use
- $1,425,000
- Hospitality
- $1,470,000
- Educational
- $1,515,000
- Residential Income
- $1,720,000
- Energy
- $1,620,000
- Income-Based Land
- $1,265,000
- Food Service
- $1,345,000
Location Insight
- Map
- Local Demand
- City
- Redwood City
- County
- San Mateo
- State
- California
- Longitude
- -122.211
- Latitude
- 37.4778
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
