Investment Overview
Located in the charming Montara area, this exceptional property presents an enticing opportunity for a prospective Special Purpose/School investor. Boasting a 9,763 SF building with 3 units, this historic structure, built in 1916 and renovated in 2022, offers a blend of character and modern functionality. Zoned R-1/S-17/DR/CD, the property provides flexibility for various potential uses. With a current 30% occupancy rate, there is significant potential for expansion and customization. The prime location and versatile layout make this property an ideal investment for those seeking to establish an educational or specialized institution in a thriving coastal community.
Investment Highlights
- 9,763 SF building
- 2022 Roof
- Value ADD
- 8 APNS/ 2 Parcels
- Built in 1916
- Renovated in 2022
- Zoned R-1/S-17/DR/CD
- Located in the Montara area
- 30% occupancy