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1112 Palmetto Avenue

Pacifica, CA 94044
  • $750,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: ML81869272
UPDATED: 128 min ago
$750,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 36,460
    SQFT
  • $21
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Unique oceanfront house with commercial zoning, tucked behind a large bakery building in the commercial district. Red tagged due to bluff loss in 2016, with a seawall required to restore a certificate of occupancy. City is requiring commercial use due to non-conforming residential occupancy going dormant for longer than a year. C-3 zoning may allow for redevelopment as mixed use commercial with residential, visitor services, restaurant, automotive, and possibly hospitality, and further evaluation of conditional and permitted uses will be required. The property extends out to the beach, with an estimated 35' portion of bluff lost in a single high-water event. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.

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Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. 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 2021-12-07T17:41:14.063.

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

  • Price: $750,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 128 min ago
  • ID#: ML81869272
0
Beds
0
Baths
0
½ Baths
0.84
Acres
36,460
SQFT
$21
$/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 large bakery building in the commercial district. Red tagged due to bluff loss in 2016, with a seawall required to restore a certificate of occupancy. City is requiring commercial use due to non-conforming residential occupancy going dormant for longer than a year. C-3 zoning may allow for redevelopment as mixed use commercial with residential, visitor services, restaurant, automotive, and possibly hospitality, and further evaluation of conditional and permitted uses will be required. The property extends out to the beach, with an estimated 35' portion of bluff lost in a single high-water event. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.
Exterior Features

Garage Or Parking Common Parking Areas Parking Spaces Total 8 Roof Composition Shingles

Interior Features

Floors Hardwood Floors Heating Electric

Property Features

Annual Taxes 96848 Building Type Comm Ind For Sale Net Operating Income -96848 Tenant Expenses Other Tot Bldg Sq Ft 1170 Utilities Public SewerPublic Water Zoning C300

Listing courtesy of Datta Khalsa of Main Street Realtors.


Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. 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 2021-12-07T17:41:14.063.

 
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