840 El Camino Real, Belmont, CA 94002

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CommercialFor Sale

$6,750,000

840 El Camino Real

Belmont, CA 94002

Listed by: Tim Gilmartin from Gilmartin Group, 650-348-2020

MLS: MLSListings, Inc.

Est. Mortgage

$34,942/mo

Well built, well cared for and fully remodeled 15 unit Mixed Use residential building in Belmont CA. This beautiful property boast 13 residential units and 2 retail units with 18 Parking spaces secured behind new electric security gates. The parcel spans the area from El Camino Real to Gordon St . allowing for ingress and egress from both sides of the property. The property is also located in The Belmont Village Specific Plan zoning area which allows for much greater density of development than currently exists. This creates the potential to build as many as 38 units on the site with 2.5 FAR and and a 65 foot height limit. Certain community benefits will need to be met to achieve this greatest density. Adjacent parcels may be available also

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Based on information from the MLSListings MLS as of 11/15/2024 08:27 PM. 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.

Information courtesy of Gilmartin Group is subject to verification and is not guaranteed.

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