Quaint Mixed-Use Property in Prestigious Belmont Neighborhood

1309 Sixth Avenue Belmont, CA 94002

1309 Sixth Avenue, Belmont, CA, 94002
1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002 1309 Sixth Avenue, Belmont, CA, 94002
FOR SALE
Property Type:
Street Retail
Amount:
$3,400,000
Last Verified:
Jun 28, 2024

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Highlights

  • Charming restaurant & residence tucked into picturesque Belmont
  • Residence is a four-bedroom home with two master suites & basement
  • Nearby newly constructed, high-density residential developments
  • Easily accessible from El Camino Real, Highway 101 & 280 and CalTrain (8 minute walk)
  • Located in a dense residential area
  • Affluent community with strong demographics
  • Built-out patio area with a view of the surrounding hills
  • Corner lot with rare dedicated onsite parking
  • Basement wine cellar and garden area for true farm-to-table freshness

Description

The Hanhan Commercial Group is pleased to offer the opportunity to purchase a mixed-use restaurant and residence situated in the coveted town of Belmont. The property consists of ±4,105 square feet (±1,650sf Restaurant and ±2,455sf Rented Residence) located on a ±6,500 square foot lot. Basement/Wine Cellar of ±478sf not included in square footage; 6'10" basement ceiling height. Buyer to verify square footage. The restaurant has indoor seating for approximately 45 guests and outdoor seating for about 36 guests.

Explore the dynamic evolution of the Heart of Belmont, CA, where the property is nestled amid exciting developments in the Silicon Valley market. This thriving area is witnessing a surge of mixed-use developments, retail expansion, and modern residential projects, catering to the diverse needs of the community. The ongoing growth and revitalization initiatives promise to enhance the appeal of the area, making it an attractive destination for businesses and investors alike. With its strategic positioning in this burgeoning landscape, the property presents an exceptional opportunity to capitalize on the exciting transformations and the promising future of the Belmont market.


Year Built: 1936
Building Size: 4105sq ft
Lot Size: 0.14 acres


Documents

OM - 1309 Sixth Avenue Belmont, CA


Map of 1309 Sixth Avenue, Belmont, CA, 94002

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.