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OFF-MARKET
Retail properties & Spaces

1816 Magnolia Ave Burlingame, CA 94010

Built 1955
Property ID
Property summary
AI-generated overview

This 1,000-square-foot creative office space, located at 1816 Magnolia Avenue in Burlingame, California (94010), is situated in the Burlingame/Millbrae submarket of San Mateo County. The property, built in 1955 and renovated in 2016, is a single-tenant Class B building. Its convenient location offers excellent transit access, being just two blocks from both BART and CalTrain stations. The space is part of a high-traffic shopping center anchored by Lunardi's Markets, CVS, and Starbucks, with various other retail stores and restaurants nearby. Previously used as a martial arts and yoga studio, the space features a recently upgraded bathroom, new flooring, and fresh paint. The layout is open, with a small office/cubby and bathroom as separate areas. The property's adaptability makes it suitable for various uses, including retail or sales offices, potentially incorporating cubicles or other office configurations. Its proximity to Peninsula Hospital and its location on Magnolia Avenue add to its appeal. The property type is listed as Retail and Office.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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