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140 El Camino Real, Millbrae, CA, 94030
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140 El Camino Real Millbrae, CA, 94030

$6,000,000 Commercial under contract Comm Ind For Sale

Coldwell Banker is pleased to present the rare opportunity to acquire a prime development site located in Millbrae.140 El Camino Real is a well-located and underutilized asset. It has the potential to be redeveloped into a mixed-use project that includes retail, office, and residential space. (Buyer to verify from the city) 140 El Camino Real consists of a 10,160 +/- square foot lot, 0.23 acres, and a 5,400 +/- square foot building, and is located within the Millbrae station Area Specific Plan. This is an excellent development opportunity due to its favorable zoning 120 foot height limit, proximity to public transportation, convenient access to highways.
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Property details

5,400 sqft interior area
Land area
9,963 sqft (0.23 acres)
Days on Verhouse
249
Address
140 El Camino Real, Millbrae, CA, 94030
City of California
Millbrae
County
San Mateo
Year Built
1968
District
Listing

Nearby major retailers

Costco
Costco Business Center
AT&T
GNC
T-Mobile
7-Eleven
Walgreens
Safeway
Apple Store
Lowe's
Pet Food Express
Ace Hardware
Trader Joe's
Wholesale: 2
Mobile phone: 2
Nutrition supplements: 1
Convenience: 2
Chemist: 1
Supermarket: 4
Electronics: 1
Do it yourself: 2
Pet: 1
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Interior Features

Garage & Parking
Assigned

Listed by

Branden Abuyaghi, Coldwell Banker Realty
Name
Branden Abuyaghi
License number
02067401
Brokerage company
Coldwell Banker Realty
MLS #
ML81939706

Payment calculator

Calculate your monthly payments
Mortgage
$18,422
Taxes
$0
HOA dues
$0
$18,422 per month
Mortgage
$1,200,000 / 20%
2.28%
30 years
Your amount $18,422 / month

Lot details

TMK #024335150
Parcel nr.
024335150

94030 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 94030

45%
Families with children
National average: 39%
30%
Non family households
108,749
Population
$170,450
Average Income

Age & gender

Median age 42 years
More info

Commute types

75% commute by car
More info

Education level

33% have bachelor education
More info

Number of employees

7% work in management
More info

Vehicles available

36% have 2 vehicle
More info

Vehicles by gender

36% have 2 vehicle
More info

Housing market insights for

$2.23m
Neighborhood average
sales price*
$1.87m
Neighborhood median
sales price*
181
Number
of sales*

Housing type

60% are single detacheds
More info

Rooms

28% of the houses have 4 or 5 rooms
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Bedrooms

48% have 2 or 3 bedrooms
More info

Owners vs Renters

59% are owners
More info
17.5 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Under contract Feb 26, 2024
Date Event Price $/sqft Source
Feb 26, 2024 Under contract $6,000,000 0 MLS #ML81939706
Aug 24, 2023 New Listing $6,000,000 0 MLS #ML81939706

Taxes of 140 El Camino Real, Millbrae, CA, 94030

C100 zoning / MLS #ML81939706
Zoning
C100

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Frequently Asked Questions about 140 El Camino Real

What is 140 El Camino Real?

140 El Camino Real is a Commercial/Industrial propertywith 5,400 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

140 El Camino Real, Millbrae, CA, 94030.

What comparable properties are nearby?

Comparable nearby commercial properties include 435 Broadway, 1641 El Camino Real, 1405 Bellevue, 927/933 Green Ave, 12 Lorton Ave, 400 Miller Ave.

Based on information from the bridgeMLS as of 04-29-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Feb 27, 2024
Verhouse Last checked 4 minutes ago


The closest grocery stores are Lucky, 0.22 miles away and Lunardi's, 0.4 miles away.
The 94030 zip area has a population of 108,749, and 45% of the families have children. The median age is 42.03 years and 75% commute by car. The most popular housing type is "single detached" and 59% is owner.
Commercial Under contract $6m 140 El Camino Real, Millbrae, CA, 94030 Save House Remove from Saved