Description
Rare commercial opportunity with three small buildings on one parcel near the busy corner of Princeton. Occupy all three buildings, lease all three or a combination of both. Building sizes are +/-1020, 1260 and 1500 sf, each with their own bathroom, electrical and water meter. All buildings were renovated in 2020 and have fire sprinklers. Former tenant had a tap room and brewery for the last 4+ years. Their existing FF&E may be available for purchase separately. The property is ready for a new concept and will be delivered vacant at closing. Coastal visitors (approximately 4 million a year) and locals alike are attracted to this area of Princeton for its great mix of restaurants, bars, vacation rentals and access to coastal trails and beaches. The area has been experiencing substantial economic development and rent growth providing the potential for lucrative investment returns. This property is located within a block or two of large economic drivers: Half Moon Bay Yacht Club, Mavericks Event Center, JettyWave Distillery, Mavericks Inn, Mezza Luna Restaurant, Old Princeton Landing Bar and Grill.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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300SQFT
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$5,500$/SQFT
School Ratings & Info
Listed by Randy Kinghorn of Kinghorn Commercial Properties: 650-918-4388.
Description
Rare commercial opportunity with three small buildings on one parcel near the busy corner of Princeton. Occupy all three buildings, lease all three or a combination of both. Building sizes are +/-1020, 1260 and 1500 sf, each with their own bathroom, electrical and water meter. All buildings were renovated in 2020 and have fire sprinklers. Former tenant had a tap room and brewery for the last 4+ years. Their existing FF&E may be available for purchase separately. The property is ready for a new concept and will be delivered vacant at closing. Coastal visitors (approximately 4 million a year) and locals alike are attracted to this area of Princeton for its great mix of restaurants, bars, vacation rentals and access to coastal trails and beaches. The area has been experiencing substantial economic development and rent growth providing the potential for lucrative investment returns. This property is located within a block or two of large economic drivers: Half Moon Bay Yacht Club, Mavericks Event Center, JettyWave Distillery, Mavericks Inn, Mezza Luna Restaurant, Old Princeton Landing Bar and Grill.
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