2300 Broadway Redwood City, CA 94063

This exceptional 39,509 square foot development opportunity is located at 2300 Broadway Street in Redwood City, California. The property, identified by APN 052-364-130, is zoned Downtown Precise Plan and offers significant potential for redevelopment. Currently occupied by a JP Morgan Chase retail branch, the sale includes the requirement for the buyer to actively participate in securing a suitable temporary or permanent location for the branch during the development process. This ensures the continued presence of JP Morgan Chase in Downtown Redwood City, a key factor in the successful completion of the sale. The lot size is 0.91 acres, providing ample space for a variety of development projects. The property's location on Broadway Street, with cross-street access via Winslow Street, ensures high visibility and accessibility. This is a rare chance to acquire a substantial commercial property in a thriving California city, presenting a unique opportunity for investors seeking a high-impact development project. The property is currently in escrow. The property is classified as Retail and Land, with a subtype of Commercial and Development Site. The investment subtype is Investment.