2431 Spring St Redwood City, CA 94063

16,000 SF 0.32 ac lot Built 1983

Individually Owned 3-yr Hold Absentee Owner Free & Clear

Property ID

US09-2291813

$8,999,500 16,000 SF

2431 Spring St, Redwood City, CA 94063
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This Redwood City property offers a significant investment opportunity. The 16,000-square-foot industrial complex, situated on one acre, includes two buildings with a total of three stories. Built in 1990, the Class B property features 16-foot ceilings, one loading dock, and ample parking. The zoning is C, allowing for diverse uses. The property includes 2 units, each priced at $5,475,000, with a price per square foot of $684.38. The main building boasts 13,500 square feet of space, ideal for warehousing or manufacturing, complemented by 2,500 square feet of shop space with eight service stalls. A 7,000-square-foot, securely fenced cement parking lot provides ample space. The three-story building also includes ADA-compliant bathrooms and office space. The concrete flooring is engineered to support heavy loads. This turnkey opportunity includes real estate, inventory, and fixtures, presenting a thriving business with substantial growth potential. Proof of funds and a non-disclosure agreement are required for showings.