1080 Palmetto Avenue, Pacifica, CA 94044

$5,500,000
List Price
$5,500,000
Price Change
▼ $1,000,000 1655521626
Status
ACTIVE
MLS#
ML81871831
Year Built
1963
Lot Size
29,577
Acres
0.679
Days on Market
255
Property Type
Commercial

Property Description

A truly special property offering multiple options, close to the beach in Pacifica. Features the largest food production facility in the region, built out as a wholesale bakery with national distribution by the current owners who have retired, but are willing to consult. Zoned CHC3 with Green Zone overlay for broad range of uses subject to CDP and City permits, which can include Cannabis edibles production. Facility includes: 4 Freezers ±3,920 SF total, 2 Coolers ±1,053 SF total, 3 Loading Docks, Floor drains, Food production equipment, 4 Ovens, Cardboard Baler & Air compressor. Front has 600 Amp, 220 Volts, 3 Phase. Rear has 400 Amp, 220 Volts, 3 Phase. To be delivered vacant, for sale or for lease fully equipped at pro forma rents of $1.95 per SF/NNN ($0.40). Or purchase together with the adjacent listings at 1112 Palmetto and 1070 Palmetto for $9.5 Million combined as net +-1.5 acre bluff-front Hotel/Restaurant development with potential direct beach access. Fantastic opportunity!

Additional Information

Taxes
$84,000
Heat
Space Heater
Roof
Barrel, Bitumen, Flat, Other
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$727,756

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Datta Khalsa (datta@mainstrealtors.com) from Listing Office: Main Street Realtors.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.