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216 N San Mateo Dr 2,796 SF Office Building San Mateo, CA 94401 $2,400,000 ($858.37/SF)
Investment Highlights
- Prime Location - Employees are just two blocks away from Downtown San Mateo, home to a myriad of shopping, dining and entertainment options.
- Large Open Parking Lot
- Walking distance to San Mateo Caltrain Station
Executive Summary
Currently owner occupied and will delivered vacant beginning of 2026.
216 N San Mateo Dr is an exceptional office investment opportunity located in the thriving city of San Mateo, California.
The subject property is situated on a 8,412 square foot parcel of land and has a gross building area of approximately 2,796* square feet, offering a spacious office floor
plan across two stories. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region.
San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. 216 N San Mateo Dr is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide employees with convenient access from San Francisco and San Jose and is within close proximity to many of the nation's top tech employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others.
The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the
Peninsula, 216 N San Mateo Dr presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and
entertainment options.
216 N San Mateo Dr is an exceptional office investment opportunity located in the thriving city of San Mateo, California.
The subject property is situated on a 8,412 square foot parcel of land and has a gross building area of approximately 2,796* square feet, offering a spacious office floor
plan across two stories. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region.
San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. 216 N San Mateo Dr is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide employees with convenient access from San Francisco and San Jose and is within close proximity to many of the nation's top tech employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others.
The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the
Peninsula, 216 N San Mateo Dr presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and
entertainment options.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,796 SF
Building Class
B
Year Built
1900
Price
$2,400,000
Price Per SF
$858.37
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,398 SF
Building FAR
0.34
Lot Size
0.19 AC
Zoning
EA00E2
Parking
8 Spaces (2.86 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 032-198-230 | Improvements Assessment | $360,780 (2025) |
| Land Assessment | $369,819 (2025) | Total Assessment | $730,599 (2025) |
Property Taxes
Parcel Number
032-198-230
Land Assessment
$369,819 (2025)
Improvements Assessment
$360,780 (2025)
Total Assessment
$730,599 (2025)
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216 N San Mateo Dr
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