45 Visitacion Ave, Brisbane, CA 94005-1558
- Retail space
- 1,800 SF
- 0.06 lot acres
Current Use by Public Records
- Julie's Brisbane Liquor & Deli / Restaurant
Property Details for 45 Visitacion Ave
- Year built
- 1955
- Lot size
- 0.06 lot acres
- Zone code
- C20000
- Property type
- Retail space
- APN
- 007-222-130
- APU
- 7222130
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 30, 2025 | $913,086 | Us Bank Trust Company NA | Njr Investments LLC | Trust Deed · related | — |
| Apr 14, 2023 | — | Njr Investments | — | Deed · related | $260k · Julies Dell |
| Feb 22, 2023 | $1,100,000 | Njr Investments LLC | Julies Deli LLC | Grant Deed | $660k · Velocity Commercial Capital LLC |
| Mar 27, 2018 | — | Julie Deli LLC | Julie S Deli LLC | Grant Deed | $570k · Blackburne & Brown Mortgage Fund |
| Dec 4, 2007 | $80,000 | Julies Deli LLC | Banks & Garcia Ents | Grant Deed | $525k · Liberty Bank |
| May 29, 2002 | $389,000 | Banks & Garcia Enterprises | Kumar,adish & Sharita | Grant Deed | $442k · Heritage Bank Of Commerce |
| Mar 7, 2000 | $275,000 | Adish Kumar | Balat,odeh & Samira | Grant Deed | $172k · California Savings & Loan |
| — | — | Julie A Banks | — | Deed Of Trust · related | $65k · Adish Kumar |
Description
This exceptional mixed-use property at 45 Visitacion Avenue in Brisbane, California presents a unique investment opportunity. The 1,800 square foot building sits on a 0.06-acre lot in the heart of Brisbane, offering high visibility and accessibility. Currently housing a well-established deli, Julie's Deli, the property benefits from a strong existing tenant and a loyal customer base. The deli's long-standing presence in the community has fostered a tradition of Friday night dinners, attracting families and contributing to the vibrant atmosphere of the town. This location provides an excellent opportunity for continued success with the existing business or for redevelopment to suit a variety of uses, given its central location and high foot traffic. The property's historical significance adds to its appeal, offering a chance to be part of preserving a cherished community landmark. The asking price is $828,000. This is a rare chance to acquire a profitable, established business with significant potential for future growth in a desirable California location. The property's central location offers easy access to local amenities and transportation, making it an attractive proposition for both business owners and investors. Serious inquiries are encouraged.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,205,000
- ML approach
- $1,230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,304,000
Market price range: $519k - $1.30M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $915,000 Current use
- OFFICE BUILDING
- $1,155,000 Change: +26% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $970,000 Change: +6% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $830,000 Change: -9% Conversion: Easy
- AUTO REPAIR, GARAGE
- $820,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brisbane
- County
- San Mateo
- State
- California
- Longitude
- -122.403
- Latitude
- 37.6838
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
