Listing Courtesy of:
Marcus & Millichap
Agency Phone: (650) 391-1700
Associate Name: Sam Runco
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Bill Maddox, DRE#01972575, REALTOR®
105 Chadbourne Avenue and 75 Broadway present a compelling value-add and development opportunity in one of the Bay Areas most desirable and undersupplied submarkets. The portfolio includes an 8-unit apartment building located at 105 Chadbourne Avenue and an adjacent single-family home at 75 Broadway on the neighboring parcel (9 units total, 100% occupied). Perfect for developers looking to capitalize on Californias pro-housing legislation or investors seeking stable cash flow with substantial long-term appreciation potential. The subject consists of a rectangular-shaped corner property with two APNs at the corner of Broadway and Chadbourne Ave and one block in from El Camino Real. Gross site size is 12,000 sf for the two parcels. There is 100 feet of frontage on Broadway and 120 feet of frontage on Chadbourne Ave. Seize this rare chance to acquire two contiguous parcels totaling ±12,000 SF of prime land in the heart of Millbrae, one of the Peninsulas most sought-after and supply constrained markets.
Listed By
Agency Name: Marcus & Millichap
Agency Phone: (650) 391-1700
Agent Name: Sam Runco
Shown By
Agent Name: Bill Maddox, DRE#01972575, REALTOR®
Agent Phone: (805) 215-0729
Agency Title: Farrell Smyth, Inc.
105 Chadbourne Avenue | MLS# ML82042730
This commercial property located at 105 Chadbourne Avenue, Millbrae, CA 94030 is currently listed for sale with an asking price of $6,500,000. Chadbourne Avenue is located within the Other school district. Search Millbrae real estate on billmaddox.farrellsmyth.com today.