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 / Liquor Store
Property Details for 45 Visitacion Ave
- Year built
- 1955
- Lot size
- 0.06 lot acres
- Property size
- 1,800 SF
- Zone code
- C20000
- Property type
- Retail space
- APN
- 007-222-130
- APU
- 7222130
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,150,000
- 6.5%
- $1,005,000
- 7%
- $1,000,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,135,000
- Geo Method
- $1,195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,155,000
- Retail
- $1,020,000
- Mixed-Use
- $1,130,000
- Hospitality
- $990,000
- Educational
- $1,145,000
- Residential Income
- $1,115,000
- Energy
- $900,000
- Income-Based Land
- $1,160,000
- Food Service
- $1,115,000
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
