SAN FRANCISCO PENINSULA VIEW DEVELOPMENT SITE 803 AND 815 BELMONT AVENUE BELMONT, CA 94002 Scott C. Davis , BRE #00578914 Senior Investment Advisor 415.922.2900 x102
[email protected] BRE #00578914 Kevin D. Chin, CCIM, BRE#00696127 Managing Director 415.922.2900 x101
[email protected] BRE #00696127 SVN | PACIFIC COMMERCIAL ADVISORS | 1674 POST STREET, SUITE 1, SAN FRANCISCO, CA 94115 OFFERING MEMORANDUM PROPERTY INFORMATION 1 Property Summary Property Description Complete Highlights LOCATION INFORMATION 2 Regional Map Location Maps Aerial Map Site Plan DEMOGRAPHICS 3 Demographics Report Demographics Map SVN | PACIFIC COMMERCIAL ADVISORS | 1674 POST STREET, SUITE 1, SAN FRANCISCO, CA 94115 OFFERING MEMORANDUM 1 PROPERTY INFORMATION 803 And 815 Belmont Avenue Belmont, CA 94002 SAN FRANCISCO PENINSULA VIEW DEVELOPMENT SITE | 1674 POST STREET, SUITE 1, SAN FRANCISCO, CA 94115 SVN | Pacific ommerC cial Advisors | Page 3 Property Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: Subject To Offer RARE, once in a generation opportunity. Owned by the same family for over 44 years. Currently operated as the Bel-Mateo Motel and the Van's Restaurant. Up-sloped site affords panoramic bay and San Francisco skyline views. Available SF: 0 SF Potential to build 80+ market rate units (with upcoming General Plan update 45 units per acre). http://www.belmont-2035generalplan.com/ Lot Size: 1.84 Acres PROPERTY HIGHLIGHTS Zoning: Current C-2 / Planned • Panoramic Bay and City Views Re-zoning to Corridor • Belmont General Plan Up-zoning by year end Mix Use - 45 units/ • Near Caltrain and Freeway acre* • On Retail Corridor • Close to major High Tech employers Market: SF Mid-Peninsula Submarket: Belmont SAN FRANCISCO PENINSULA VIEW DEVELOPMENT SITE | 803 AND 815 BELMONT AVENUE, BELMONT, CA 94002 SVN | Pacific ommerC cial Advisors | Page 4 Property Description PROPERTY OVERVIEW RARE, once in a generation opportunity.