1021 S El Camino Real new

San Mateo,CA 94402

$ 4880000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82027819

Year Built 1970

Annual Tax Amount $55,918

Lot Size 0.516 Acres

Property Description

Exceptional investment opportunity in San Mateo featuring a spacious 0.52-acre lot with ample on-site parking and outstanding potential for redevelopment. 1021 S El Camino Real is a highly visible, multi-tenant commercial property positioned on a prime corner along one of San Mateos main commercial corridors. The property offers 32 open parking spaces and includes two separate buildings: Building A, a 6,172 SF two-story structure with an upper-level tenant in place and a vacant ground floor ideal for office, medical, educational, or service-oriented uses; and Building B, a 1,600 SF freestanding building leased to a long-term commercial tenant, allowing the property to generate stable income. This rare offering combines strong street frontage, flexible use potential, and an unbeatable central location just minutes from Downtown San Mateo, major transportation routes, retail amenities, and the areas thriving business district. With its generous lot size, high visibility, and income-producing components, the property presents an exceptional opportunity for investors, owner-users, or developers seeking to capitalize on one of the Peninsulas most desirable and dynamic commercial environments.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning EA00E4

Interior

Cooling Central Air

Exterior

Utilities Available Other

Roof Type Shingle

Building

Story 2

Water Other

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