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Listed by Jeremy Lee Compass Commercial
$ 2,700,000
Est. payment | /mo
10,067 Sqft Lot
$ 2,700,000
Est. payment | /mo
10,067 Sqft Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 425079311
HOA Y/N No
Lot Size 10,067 Sqft
Acres 0.2311
Property Sub-Type Industrial
Property Description
201 Cypress Avenue is a 10,067 SF automotive and redevelopment site in South San Francisco's Downtown and Caltrain Station Area. The property consists of a structure leased to an auto body shop and a yard leased to taxi cab users, each on a month-to-month basis, offering a buyer immediate flexibility for redevelopment or repositioning. The site is zoned Downtown Transit Core (DTC), which supports transit-oriented, high-density mixed-use development. Allowed uses include residential, office, life science and R&D, service, and retail. The district provides generous height and floor area ratio allowances and no minimum residential parking, with city maximums and potential reductions available. Environmental remediation has been completed. Underground storage tanks were removed and a Phase III investigation was closed, reducing redevelopment risk and helping streamline entitlement and financing. The property has excellent access to Caltrain, US 101, I-280, and San Francisco International Airport. It is surrounded by South San Francisco's growing biotech, logistics, and commercial ecosystem, making it an ideal location for new mixed-use or residential development.
Location
State CA
County San Mateo
Area Old South Sf/Rocca
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 012334140
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Fatemah Nikchehi (nik-chee)
Broker Associate | Lic# 01703928