701 Redwood Avenue

Description

Rarely available Sand City warehouse. The property is zoned MU - P or Planned Mix Use, which is a broad category. The property is leased until the Fall of 2026. The property owner has a potentially lucrative development option to construct 7-8 residential units on the site. The zoning code potentially will either allow multi-family apartments or for sale residential condominium / townhomes on the site. Conversations with MPWMD and the Sand City Planning Department conclude there is potentially water available for new development. This site can be a buy and hold today and then develop in the future.

Listing information courtesy of: Hap Albers, Albers Real Estate Investment Company 831-372-1922. *Based on information from the Association of REALTORS/Multiple Listing as of 04/07/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.