6740 Mission Street, Daly City, CA 94014

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List Price
$1,688,000
Status
ACTIVE
MLS#
ML82067221
Year Built
1907
Lot Size
4,114
Acres
0.09
Days on Market
1
Property Type
Commercial

Property Description

Exceptional opportunity to acquire two contiguous Mission Street parcels in the heart of Daly City with a substantially advanced mixed-use redevelopment concept. Significant planning and pre-development work has already been completed, including Planning Commission approval of an 8-story mixeduse development featuring approximately 50 residential condominium units above ground-floor retail and second-floor commercial space. The combined offering includes: 6740 Mission Street (Lot 25) Former dental office building 6746-6748 Mission Street (Lot 26) Mixed-use property with retail and residential uses The proposed development includes a mix of studio, one-bedroom, and two-bedroom condominium units designed to serve the strong housing demand throughout the Peninsula and greater Bay Area. A geotechnical report has been completed, and architectural and engineering plans are available upon request. The purchaser will have the opportunity to finalize project details and obtain the remaining approvals necessary for construction. The properties currently provide approximately 20 dedicated parking spaces and substantial Mission Street frontage, creating a highly visible transit-oriented development opportunity. Buy one property or maximize value by acquiring both parcels.

Additional Information

Taxes
$18,762
Heat
Central
Cooling
Yes
Cooling Description
None
Roof
Shingle
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$80,400

Listing courtesy of Listing Agent: Regan Cherrington (regan.cherrington@kw.com) from Listing Office: KW Advisors.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.