Retail Space
2950 Middlefield Road Redwood City, CA 94063
Details & Description
Price: $1,800,000
    This rare Redwood City three-unit retail center built in 1975 is fully occupied by two tenants, both of them cornerstones in the community for nearly 40 years. The 3,055 square feet building sits on a 5,270 square feet lot. A popular local restaurant, El Guanaco, occupies two of the spaces (totaling 1,950 sq. ft.) and Martinez and Walker Accounting occupies the remaining unit (approx. 1,105 sq. ft.).
    Property Highlights
    Listing Agents
    Kevin Flaherty

    O: 308-672-6388
    Kevin@FlahertyRE.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2950 Middlefield Road

    Redwood City, CA 94063

    Listing ID: 250310
    • 2950 Middlefield Road Redwood City, CA 94063 | for Sale | Photo 1
    • 2950 Middlefield Road Redwood City, CA 94063 | for Sale | Photo 2
    • 2950 Middlefield Road Redwood City, CA 94063 | for Sale | Photo 3
    2950 Middlefield Road | for Sale | Thumbnail 1
    2950 Middlefield Road | for Sale | Thumbnail 2
    2950 Middlefield Road | for Sale | Thumbnail 3
    Building Size: 3,055 SF
    Lot Size: 0.130 AC
    Land Size: 5,662 SF
    Building $/SF: $589.20
    Land $/SF: $317.91
    Price
    $1,800,000
    Property Highlights
    Both tenants are essential businesses and are paying rent
    Rapidly-growing pocket of Redwood City
    Stable tenants with a long operating history in the center
    80 of frontage along Middlefield Road
    Core Peninsula location
    Below-market rents
    Description

    This rare Redwood City three-unit retail center built in 1975 is fully occupied by two tenants, both of them cornerstones in the community for nearly 40 years. The 3,055 square feet building sits on a 5,270 square feet lot. A popular local restaurant, El Guanaco, occupies two of the spaces (totaling 1,950 sq. ft.) and Martinez and Walker Accounting occupies the remaining unit (approx. 1,105 sq. ft.).

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Sunnyvale History of Retail Space for Sale

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    Redwood City Area Market Trends

    Listing Demographics for 2950 Middlefield Road Redwood City, CA 94063

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population29,657136,597274,531
    Population Median Age353837
    Population by Age0-9 Yrs4129 (13%)17818 (13%)34567 (12%)
    10-19 Yrs4165 (14%)16442 (12%)36815 (13%)
    20-29 Yrs4333 (14%)18550 (13%)41097 (14%)
    30-39 Yrs5275 (17%)21879 (16%)39292 (14%)
    40-49 Yrs3835 (12%)18663 (13%)36797 (13%)
    50-59 Yrs3482 (11%)17564 (12%)34448 (12%)
    60-69 Yrs2426 (8%)13315 (9%)25714 (9%)
    70+ Yrs2012 (6%)12367 (9%)25802 (9%)
    Median HH Income$84,004$121,043$127,407
    Total Household Income< 24K1237 (13%)4872 (10%)9863 (10%)
    25-49K1557 (17%)5670 (12%)10654 (11%)
    50-74K1443 (15%)5197 (11%)9825 (10%)
    75-99K829 (9%)4101 (8%)7950 (8%)
    100-199K2335 (25%)12197 (26%)23282 (25%)
    200K+1670 (18%)14694 (31%)31349 (33%)
    Highest Education LevelNo Diploma55671232220698
    Diploma or GED40671361723026
    Some College30261412423852
    Assoc. Degree93348398848
    Bachelors Degree31512361848023
    Higher Degree30272575958753
    Total Housing Units9,54249,45298,810
    --Owner-Occupied4,01924,62851,501
    --Renter-Occupied5,05222,10341,421
    Owner-Occupied Values< 100K1055111035
    100-199K53312620
    200-299K74255479
    300-399K62225491
    400-499K55255563
    500K+36712306948313
    Total Working Age Population22,915108,134219,203
    In Work Force16,24274,563146,395
    Not In Work Force6,67233,57172,808
    Workforce Employed15,80272,193140,979
    Workforce Unemployed4402,3605,357
    Civlian Workforce16,24274,553146,336
    Military Workforce01060
    Total Households9,07246,73192,923
    Family Households6,46931,42762,130
    Non-Family Households2,60315,30430,793
    Married Couple4,60924,83450,114
    Other Family1,8606,59312,016
    Married w/Child2,16911,60224,032
    Single Male w/Child2349691,611
    Single Female w/Child6902,0924,207

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Alameda County1,443,741+51,510,271+121,696,752+101,861,027
    San Mateo County707,161+2718,451+9785,650+6833,868
    Santa Clara County1,682,585+61,781,642+121,996,394+102,194,079

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2950 Middlefield Road in Redwood City?
    The asking price for 2950 Middlefield Road is $1,800,000
    What is the building size of this Retail property in Redwood City, CA?
    The size of the building/unit at 2950 Middlefield Road in Redwood City is 3,055 square feet
    How much land does the Redwood City, CA property at 2950 Middlefield Road include?
    2950 Middlefield Road in Redwood City includes 0.130 acres of land
    What kind of Retail is the propery at 2950 Middlefield Road?
    The property at 2950 Middlefield Road Redwood City, CA 94063 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 2950 Middlefield Road in Redwood City?
    The population within 1 mile of 2950 Middlefield Road Redwood City, CA 94063 is 29,657 people.
    Who do I contact for questions about 2950 Middlefield Road?
    You should contact the listing agent, Kevin Flaherty, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    San Francisco International Airport (SFO) 14
    Metropolitan Oakland International Airport (OAK) 17
    Norman Y. Mineta San Jose International Airport (SJC) 17