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819 5th Ave

5,155 SF Industrial Building Redwood City, CA 94063 $2,980,000 ($578/SF)

Investment Highlights

  • ±10,102 SF corner parcel, with access from Fifth Ave & Spring St
  • 2 Fenced Yards
  • Dust Collection System
  • ±5,155 SF Light Industrial Building
  • 5 Grade-Level Doors and (1) Sliding Door 11‘+ Clear height
  • Fully Sprinklered

Executive Summary

A rarely available ±5,155 SF light industrial building located in Redwood City. Highly desirable for an owner-user or investor/ developer. This parcel is at the corner of 5th Ave and Spring St and a block from Bay St. It is well located off Highway 101 and is easily accessible from neighboring cities. It is zoned as “IR - Industrial Restricted“ which allows for a variety of light industrial uses.

Property Facts

Price $2,980,000
Price Per SF $578
Sale Type Investment
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.23 AC
Rentable Building Area 5,155 SF
No. Stories 1
Year Built 1990
Tenancy Single
Parking Ratio 1.55/1,000 SF
Clear Ceiling Height 11’
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Mezzanine
  • Signage
  • Yard
  • Storage Space

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
055-081-060
Land Assessment
$654,518
Improvements Assessment
$90,722
Total Assessment
$745,240

zoning

Zoning Code ML00IR (Flexible ML00IR Zoning includes R&D, Automotive, Light Manufacturing, Distribution & All Trades.)
ML00IR (Flexible ML00IR Zoning includes R&D, Automotive, Light Manufacturing, Distribution & All Trades.)
  • Listing ID: 32493212

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 819 5th Ave, Redwood City, CA 94063

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