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$ 2,099,000
Est. payment | /mo
6,804 Sqft Lot
$ 2,099,000
Est. payment | /mo
6,804 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82054956
HOA Y/N No
Year Built 1950
Lot Size 6,804 Sqft
Property Description
Premier Mixed-Use Investment - Prime Corner Location with Approved Redevelopment Plans. Compass Commercial is pleased to present 3201-3205 Middlefield Road, an exceptional mixed-use corner property located in the vibrant and rapidly developing North Fair Oaks corridor. RESIDING at the bustling commercial heart adjacent to Redwood City, Menlo Park, and Atherton, this high-density asset represents an outstanding investment opportunity with approved redevelopment plans already in place. Target High-Growth Submarket The subject property is perfectly positioned on a high-visibility, high-traffic commercial corner with exceptional frontage along Middlefield Road. Major surrounding public and private investments, such as the recently completed $70.4 Million Monarch at Redwood residential community nearby, showcase accelerating local demand and submarket appreciation. NMU/DR Development Concept This asset features meticulously designed elevation blueprints engineered to optimize the site footprint under San Mateo County Neighborhood Mixed Use standards. Approved modern residential & retail layouts. Sleek structural design matching the modernized corridor corridor. Significant increase in premium square footage.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning RMU/DR - High Density
Interior
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition,Other
Present Use Residential,Single Family
Total Parking Spaces 6
Building
Water Public
Others
Tax ID 060072470
Listed by Juan De Leon Compass #01383120