Rare 6-unit multifamily investment opportunity in the heart of Millbrae. This well-maintained property features six oversized studio units, each approximately 700-750 SF, offering spacious floor plans rarely found in todays rental market. Fully occupied with strong in-place income, the property generates approximately $147,000 in annual gross rental income and nearly $90,000 in annual NOI, providing an attractive current cap rate of approximately 3.9%. Ideally located along El Camino Real, the property offers convenient access to BART, Caltrain, SFO, Highways 101 and 280, shopping, dining, and major Peninsula employment centers. Tenants pay their own PG&E, helping maintain low operating expenses and stable cash flow. One unit is currently rented below market value, presenting future upside potential through rental optimization. A desirable investment for multifamily investors and 1031 exchange buyers seeking stable income, long-term appreciation, and value-add potential in one of the Peninsulas most sought-after rental markets. Excellent commuter location with strong rental demand and limited multifamily inventory. Dont miss this rare opportunity to acquire a turnkey income-producing asset in a prime Millbrae location.
Location, location, location. Excellent opportunity to lease a first-floor office space in a highly desirable area with outstanding visibility and strong foot traffic. Conveniently located near popular shops, restaurants, and public transportation with easy freeway access, this space is ideal for a variety of professional or retail uses. Position your business in a thriving location that offers both convenience and exposure.
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.
Prime Millbrae location! 1,100 sq ft commercial unit with 4 private rooms (3 with sinks), reception, 1 bath, and common parking. Steps from BART & Caltrain, surrounded by residential neighborhoods, apartments, hotels, and popular retail & dining. High foot traffic + turnkey setupperfect for medical, wellness, or professional office. Ready for immediate occupancy in a thriving, high-demand corridor!
186 El Camino Real is located in the rapidly growing Millbrae Station Area Specific Plan and is a prime development site for a mixed-use building, with multiple residential units atop a large commercial space. Zoning allows 120 feet in height. This corner building of three levels, with a wide-frontage, is suitable for various business use. This property is a short walking distance to BART and light-rail stations and is near the freeway, bus-line, restaurants, and shops. Buyers and their agents must personally confirm all property attributes-square footage, permissible usage , and any restrictions-by consulting city authorities and industry professionals. Don't miss this rare opportunity. Thanks!
Conveniently located in a desirable location with Lots of Foot Traffic and HIGH VISIBILITY. The Whole 2nd floor is for lease but also it is sub dividable. Near Millbrae BART and Caltrain stations, a mere 1/2-mile from the 280 Freeway, and a swift 5-minute drive to SFO. Nestled at the crossroads of California Dr and Murchison Dr, this distinguished professional office building offers abundant on-site parking, with additional spaces across the street. Conveniently flanked by the vibrant retail and dining scenes of Burlingame Plaza and Friendship Plaza, just steps from El Camino Real. Downtown Millbrae beckons a mere 3-minute drive away. Please note: This building does not have elevators
Millbrae Downtown Asian Grocery Store Business Oporturnity! Included: Equipments and Fixtures, 3-Vehicles for delivery, Online Store, 2-small warehouses (approx.100sq.ft to 150sq.ft each) next to the garage included in monthly rent, Approx. 15 Parking spaces in garage.
RETAIL SPACE WITH COMMON AREA ENTRY WITH NEXT UNIT, 1,400 SF*, PARKING IN REAR OF THE BUILDING, WALK TO BART & CALTRAIN, LOOKING FOR LONG TERM TENANCY
Prime location: 1688 sqft in a bustling downtown retail district. Currently a bank, this space offers excellent signage opportunities. Enjoy a generous sub-level garage, city parking, and high visibility near busy grocery stores and retail stores. Located off El Camino Real with easy access to Hwy 101, the area features diverse demographics and high traffic counts. The NNN lis at $1,980 +/- a month. Available from September 1, 2024.
Conveniently located in a desirable location with Lots of Foot Traffic and HIGH VISIBILITY. The Whole 2nd floor is for lease but also it is sub dividable. Near Millbrae BART and Caltrain stations, a mere 1/2-mile from the 280 Freeway, and a swift 5-minute drive to SFO. Nestled at the crossroads of California Dr and Murchison Dr, this distinguished professional office building offers abundant on-site parking, with additional spaces across the street. Conveniently flanked by the vibrant retail and dining scenes of Burlingame Plaza and Friendship Plaza, just steps from El Camino Real. Downtown Millbrae beckons a mere 3-minute drive away. Please note: This building does not have elevators
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. 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.
Millbrae is located in California. Millbrae, California has a population of 23,083. Millbrae is less family-centric than the surrounding county with 35.61% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Millbrae, California is $141,399. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Millbrae is 44.9 years.
The average high temperature in July is 69.8 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 25.3 inches per year, with 0 inches of snow per year.
