Property Details
About this Property
Unique oceanfront house with commercial zoning, tucked behind a high gate. Red Tagged due to 35' of bluff loss in 2016 with estimated costs of required remediation exceeding $2.5 Million before property can be re-occupied, and city is requiring commercial use due to non-conforming residential use going dormant. Due to economies of scale, would ideally be purchased with the adjacent 25,000 SF commercial food production facility at 1080 Palmetto, listed separately for $3.5 Million. The house could be repurposed as a restaurant or tasting room featuring goods produced at the food production facility. Others may choose to tear down for complete redevelopment as hotel or resort if purchased with the bluff-front listings at1050 and 1070 Palmetto, also currently on the market for $1.35M and $1.5M, for combined total 2+/- acres bluff-front opportunity. Zoning may allow for redevelopment as mixed-use commercial with residential, visitor services, restaurant, automotive, and/or hospitality.
MLS Listing Information
MLS #
ML81934364
MLS Source
MLSListings, Inc.
Commercial Information
# Buildings / # Units
2
Parking Spaces
8
Present Use
Residential
Utilities
Public Utilities, Water - Public
Interior Features
Flooring
Hardwood
Cooling
None
Heating
Electric
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
C30000
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1112 Palmetto Ave is a Commercial Sale in Pacifica, CA 94044. This 1,170 square foot property sits on a 0.837 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $25,000 and was built in 1950. This address can also be written as 1112 Palmetto Ave, Pacifica, CA 94044.
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This listing information is up-to-date as of August 11, 2023. For the most current information, please contact Datta Khalsa, (831) 818-0181
