540 N El Camino Real

Description

540 & 542 N El Camino Real is a highly updated freestanding commercial building located in a prime Opportunity Zone on North El Camino Real, directly across from Denaults Hardware. Offering excellent street exposure and a rare street-to-street lot configuration with access from both El Camino Real and the rear alleyway, this property presents a unique opportunity for investors or owner-users. The building consists of approximately 3,249 square feet of flexible Office, Retail, or Creative space, along with additional storage below and seven onsite parking spaces in the rear parking lot. An extra 507 square feet of enclosed, leasable space at the back of the property is also available but is not currently included in the total square footage, offering additional income potential or expansion opportunities. The property has undergone extensive renovations, including new flooring, a new roof, new siding and exterior improvements, a new sewer line, and a completely new air conditioning and ventilation system. Cosmetic upgrades such as tile work, remodeled bathrooms, and fresh interior paint further enhance the space. With three separate meters for electricity and gas, as well as two air conditioning units, the building offers excellent flexibility for multiple tenants or a single-user configuration. 540 N El Camino Real space is currently leased for $3919.15/month by a reputable tenant under a three-year lease, with 3% annual increases, providing immediate income to a new owner. The remaining space is vacant and available for lease or owner occupancy. This highly visible and versatile building, located in a thriving commercial corridor within an Opportunity Zone, is ideal for investors, entrepreneurs, and business owners seeking a turnkey asset with income and upside potential.