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Listed by Eric Peterson • Compass
$1,198,000
Est. payment /mo
1,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $665
MLS Listing ID ML82018725
Year Built 1928
Lot Size 3,143 Sqft
Property Sub-Type Commercial Property
Property Description
Exceptional opportunity to acquire a FULLY VACANT mixed-use building in Menlo Park. Offered at $1,198,000 and situated on a 3,099 Square Foot Lot, 3253 Middlefield Road features a ground floor commercial space ideal for retail, office, or service use, plus a spacious 2-bedroom/1-bathroom apartment upstairs with its own separate entry. Both units are vacant, presenting immediate flexibility for an Owner-User, investor, or developer. With Neighborhood Mixed-Use zoning in unincorporated San Mateo County, the property allows for a variety of uses and potential future redevelopment. The location benefits from strong visibility and frontage along Middlefield Road, with excellent access to nearby Menlo Park, Palo Alto, and Redwood City amenities, as well as major Peninsula transportation routes. This unique offering provides multiple strategies, occupy one unit and lease the other, reposition for income, or redevelop to maximize value. A rare chance to secure a well-located property in Menlo Park; one of the Bay Areas most dynamic markets.
Location
State CA
County San Mateo
Area County Area / Fair Oaks Ave
Zoning C10000
Interior
Heating Other
Cooling Other
Exterior
Parking Features No Parking
Utilities Available Other
Roof Type Other
Present Use Vacant
Building
Story 2
Foundation Concrete Slab
Sewer Unknown
Water Other
Level or Stories 2
Others
Tax ID 060-073-390
Security Features None
Special Listing Condition Not Applicable
Virtual Tour https://www.youtube.com/watch?v=qcBzrLPQs3E
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