Vacant Building

1243-1247 Broadway

1243-1247 Broadway, Burlingame, CA 94010

Listing Price: $2,800,000

Cap Rate
5.37%
Number of Units
2
Gross SF
3,582
Price/Gross SF
$781.69

Investment Overview

1243-1247 Broadway is a stunning mixed-use opportunity located in the thriving city of Burlingame, California. Situated on a parcel of land totaling 1,875 square feet, the subject property features a gross building area of approximately 3,582 square feet. 1243 Broadway offers immediate access to stairs which leads to six separate offices totaling 1,371 square feet. Its counterpart, 1247 Broadway, features an entire ground floor totaling 1,810 square feet and a private upstairs office totaling 401 square feet.*1243-1247 Broadway is located in the heart of Broadway Burlingame District and is a significant value add opportunity. The San Francisco International Airport (SFO) is within close proximity and is only a five minute drive from the subject property. BroadwayBurlingame District features a variety of locally owned businesses, shops, boutiques, along with many restaurants and cafes. Additional details can be found on the points of interest trial map. The investment appeal of this asset is driven by Burlingame’s strong fundamentals and high traffic count. With a world-class location in the heart of the Peninsula, 1243-1247Broadway presents an attractive choice for investors due to it’s close proximity to major employers and transportation corridors.

Investment Highlights

  • Tremendous Value-Add Opportunity - Owner-User or Traditional Investor has the opportunity to achieve rental premiums through renovations and additions
  • Exceptional Investment Opportunity for investors to acquire a well-located asset in one of the most dynamic and desirable locations on the Peninsula
  • Convenient Access to Transportation Corridors and San Francisco InternationalAirport (SFO - 2.5mi)

Exclusively Listed By

Listing Price: $2,800,000

Cap Rate
5.37%
Number of Units
2
Gross SF
3,582
Price/Gross SF
$781.69

Investment Highlights

  • Tremendous Value-Add Opportunity - Owner-User or Traditional Investor has the opportunity to achieve rental premiums through renovations and additions
  • Exceptional Investment Opportunity for investors to acquire a well-located asset in one of the most dynamic and desirable locations on the Peninsula
  • Convenient Access to Transportation Corridors and San Francisco InternationalAirport (SFO - 2.5mi)

Investment Overview

1243-1247 Broadway is a stunning mixed-use opportunity located in the thriving city of Burlingame, California. Situated on a parcel of land totaling 1,875 square feet, the subject property features a gross building area of approximately 3,582 square feet. 1243 Broadway offers immediate access to stairs which leads to six separate offices totaling 1,371 square feet. Its counterpart, 1247 Broadway, features an entire ground floor totaling 1,810 square feet and a private upstairs office totaling 401 square feet.*1243-1247 Broadway is located in the heart of Broadway Burlingame District and is a significant value add opportunity. The San Francisco International Airport (SFO) is within close proximity and is only a five minute drive from the subject property. BroadwayBurlingame District features a variety of locally owned businesses, shops, boutiques, along with many restaurants and cafes. Additional details can be found on the points of interest trial map. The investment appeal of this asset is driven by Burlingame’s strong fundamentals and high traffic count. With a world-class location in the heart of the Peninsula, 1243-1247Broadway presents an attractive choice for investors due to it’s close proximity to major employers and transportation corridors.

Exclusively Listed By

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