643 Main St Half Moon Bay, CA 94019

This exceptional Half Moon Bay property at 643 Main Street offers a unique blend of residential and commercial opportunities. The three-story, 5,090 square foot building, constructed in 1997 and renovated in 2027, sits on a 6,000 square foot lot and boasts a Mediterranean Tuscan architectural style. The building features a 3-bedroom, 2.5-bathroom residence with upscale amenities, including a rooftop patio offering stunning views of the town and coastal mountains. The first floor comprises 3,960 square feet of commercial space, currently 100% occupied by four tenants under a modified lease with a remaining term of approximately one year, expiring November 20, 2025. The property generates a Net Operating Income (NOI) of $112,260, resulting in a 3.90% cap rate. The asking price is $2,875,000, translating to $564.83 per square foot. Four parking spaces are available. The property is zoned CD and features one building with five units. This prime location in Half Moon Bay, CA 94019, offers excellent visibility on Main Street, making it ideal for retail businesses. The property's proximity to parks and beaches adds to its appeal. This versatile property presents an attractive investment opportunity, potentially suitable for a 1031 exchange. Special terms and conditions apply. The APN is 056-176-090.