Marcus & Millichap Arranges the Sale of a 2,088-Square Foot Mixed-Use Building

Marcus & Millichap, Daly City, Mixed-Use Building, commercial real estate news, Oakland

DALY CITY, CA, April 21, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 6077 Mission Street, a 2,088-square foot mixed-use property located in Daly City, California, according to Chris J. Economou, Regional Manager of the firm’s Oakland office. The asset sold for $755,000.

Ethan Pintard, Senior Associate in Marcus & Millichap’s Oakland office, had the co-listing to market the property on behalf of the seller, a limited liability company.

The subject property consists of one ground floor retail unit of approximately 1,025 square feet and one three-bedroom/one-bath apartment unit of approximately 1,063 square feet on the second floor. The building was constructed in 1957 of wood frame, brick façade and plank siding and features a highly visible location along Mission Street. Situated in the Top of the Hill District, 6077 Mission Street is just minutes from the Daly City BART Station, a local bus stop, Highway 82 and Interstate 280.

About Marcus & Millichap (NYSE: MMI)
With nearly 1,500 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

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