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1112 Palmetto Avenue

Pacifica, CA 94044
  • $299,900
  • STATUS: Active
  • ON SITE: 450 Days
  • ID#: ML81869272
UPDATED: 67 min ago
$299,900
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,170
    SQFT
  • $256
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Unique oceanfront house with commercial zoning, tucked behind a high gate. Red Tagged due to 35' of bluff loss in 2016 with estimated costs of required remediation exceeding $2.5 Million before property can be re-occupied, and city is requiring commercial use due to non-conforming residential use going dormant. Due to economies of scale, would ideally be purchased with the adjacent 25,000 SF commercial food production facility at 1080 Palmetto, listed separately for $3.5 Million. The house could be repurposed as a restaurant or tasting room featuring goods produced at the food production facility. Others may choose to tear down for complete redevelopment as hotel or resort if purchased with the bluff-front listings at1050 and 1070 Palmetto, also currently on the market for $1.35M and $1.5M, for combined total 2+/- acres bluff-front opportunity. Zoning may allow for redevelopment as mixed-use commercial with residential, visitor services, restaurant, automotive, and/or hospitality.

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Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-01-30T18:37:49.3.

www.doyleresidential.com/homes/123070065
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1112 Palmetto Avenue Pacifica, CA 94044

  • Price: $299,900
  • Status: Active
  • On Site: 450 Days
  • Updated: 67 min ago
  • ID#: ML81869272
0
Beds
0
Baths
0
½ Baths
0.84
Acres
1,170
SQFT
$256
$/SQFT
1950
Built
Neighborhood:
West Sharp Park
County:
San Mateo
Area:
West Sharp Park
Property Description
Unique oceanfront house with commercial zoning, tucked behind a high gate. Red Tagged due to 35' of bluff loss in 2016 with estimated costs of required remediation exceeding $2.5 Million before property can be re-occupied, and city is requiring commercial use due to non-conforming residential use going dormant. Due to economies of scale, would ideally be purchased with the adjacent 25,000 SF commercial food production facility at 1080 Palmetto, listed separately for $3.5 Million. The house could be repurposed as a restaurant or tasting room featuring goods produced at the food production facility. Others may choose to tear down for complete redevelopment as hotel or resort if purchased with the bluff-front listings at1050 and 1070 Palmetto, also currently on the market for $1.35M and $1.5M, for combined total 2+/- acres bluff-front opportunity. Zoning may allow for redevelopment as mixed-use commercial with residential, visitor services, restaurant, automotive, and/or hospitality.
Exterior Features

Carport YN No Garage YN No Lot Size Area 0.84 Parking Features Common Parking Spaces Total 8 Roof Shingle

Interior Features

Building Area Total 1170 Flooring Hardwood Heating Electric Heating YN Yes

Property Features

Age 71 City Transfer Tax Yes Electric On Property YN No For Sale Or Rent For Sale Present Use 9071 Property Sub Type Comm Ind For Sale Zoning C300

Contra Costa Association of Realtors logo Listing courtesy of Datta Khalsa of Main Street Realtors: [IDXCONTACTINFORMATION].


Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-01-30T18:37:49.3.

 
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