105 Chadbourne AVE, Millbrae, CA 94030
105 Chadbourne AVE, Millbrae, CA 94030
105 Chadbourne AVE, Millbrae, CA 94030
105 Chadbourne AVE, Millbrae, CA 94030
105 Chadbourne AVE, Millbrae, CA 94030
105 Chadbourne AVE, Millbrae, CA 94030
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$ 6,500,000
Est. payment | /mo

0.28 Acres Lot


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$ 6,500,000
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82042730

HOA Y/N No

Year Built 1929

Annual Tax Amount $73,209

Lot Size 0.275 Acres

Property Description

105 Chadbourne Avenue and 75 Broadway present a compelling value-add and development opportunity in one of the Bay Areas most desirable and undersupplied submarkets. The portfolio includes an 8-unit apartment building located at 105 Chadbourne Avenue and an adjacent single-family home at 75 Broadway on the neighboring parcel (9 units total, 100% occupied). Perfect for developers looking to capitalize on Californias pro-housing legislation or investors seeking stable cash flow with substantial long-term appreciation potential. The subject consists of a rectangular-shaped corner property with two APNs at the corner of Broadway and Chadbourne Ave and one block in from El Camino Real. Gross site size is 12,000 sf for the two parcels. There is 100 feet of frontage on Broadway and 120 feet of frontage on Chadbourne Ave. Seize this rare chance to acquire two contiguous parcels totaling ±12,000 SF of prime land in the heart of Millbrae, one of the Peninsulas most sought-after and supply constrained markets.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning RF-MU

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Utilities Available Other

Roof Type Other

Building

Water Other

Schools

School District Other

Others

Tax ID 024332010

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sam Runco Marcus & Millichap #01977683

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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105 Chadbourne AVE

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