Property summary
This exceptional 6,049 square foot commercial property is located in Pacifica's vibrant Manor Plaza, a high-visibility, high-traffic area. Situated on a 0.18-acre lot, this versatile building presents a significant investment opportunity for entrepreneurs and business owners. The space is adaptable to a variety of uses, including retail or office, and its prime location within a bustling retail and dining hub guarantees excellent exposure to potential customers. Ample parking ensures convenient access for both tenants and patrons. The property benefits from strong foot traffic and consistent demand, surrounded by established businesses, residential areas, and popular coastal attractions. The interior features two updated bathrooms and a recently updated HVAC system. The property currently generates $15,840 in annual income from a Wells Fargo ATM lease, secured through 2028 with two additional five-year renewal options available to the tenant. The large space can be easily subdivided to accommodate multiple tenants, maximizing rental income potential. This presents a rare opportunity to acquire a valuable asset in Pacifica's thriving commercial market, capitalizing on the city's increasing demand for commercial properties. The asking price is $2,399,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CL00C1 · Pacifica, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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