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Investment Highlights
- Owner-User Opportunity - One Unit Vacant
- Four On-Site Parking Spaces
- Prime San Mateo Location
Executive Summary
Located at 168–170 W 25th Avenue in the heart of San Mateo, this well-maintained mixed-use retail property presents a rare opportunity for both investors and owner-users. The building consists of two retail units totaling approximately 2,415 square feet of ground-floor space, plus 422 square feet of bonus mezzanine/upstairs areas that provide added flexibility for office, storage, or creative use. Unit 170, formerly occupied by Yweight Spa, will be delivered vacant, creating an ideal opportunity for an owner-user or new tenant to immediately occupy the space. The neighboring tenant, PJ’s Pizza, will remain in place and currently pays $3,000 per month in rent, providing stable in-place income from day one. The property also features four on-site parking spaces in the rear and a recently replaced roof approximately three years old. Ideally situated just off El Camino Real and near the Hillsdale Caltrain Station, the location benefits from excellent visibility, strong surrounding demographics, and convenient access throughout the Peninsula,
including San Francisco and Silicon Valley. Surrounded by dense residential neighborhoods and established local businesses, this is an attractive opportunity to acquire a flexible retail asset in one of San Mateo’s most desirable commercial corridors.
including San Francisco and Silicon Valley. Surrounded by dense residential neighborhoods and established local businesses, this is an attractive opportunity to acquire a flexible retail asset in one of San Mateo’s most desirable commercial corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,837 SF
Building Class
C
Year Built
1968
Price
$2,000,000
Price Per SF
$704.97
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.90
Lot Size
0.07 AC
Zoning
CLOC11
Parking
4 Spaces (1.41 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 039-174-260 | Improvements Assessment | $525,398 |
| Land Assessment | $1,119,114 | Total Assessment | $1,644,512 |
Property Taxes
Parcel Number
039-174-260
Land Assessment
$1,119,114
Improvements Assessment
$525,398
Total Assessment
$1,644,512
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