323 S Ellsworth Ave
San Mateo, CA 94401
Gayu Kaku Japanese BBQ Restaurant · Retail Property For Sale

This property is a free standing commercial building, approximately 3,500 square located in the Central Business district of Downtown San Mateo adjacent to the City of San Mateo Central Parking garage (+/- 600 spaces). The site offers 50 feet of frontage on South Ellsworth Avenue and is occupied by Gay Kaku Japanese Barbecue Restaurant in year 6 of a 10 year lease with two 5 year market rate options. The restaurant interior was completely renovated in 2012 and now offers a full kitchen, seating for over 120 patrons, 3-Phase 400 amp electrical service and two newly remodeled ADA restrooms. This property is located near the corner of South Ellsworth and 4th Avenue, just 1.5 blocks from the heavy foot traffic and strong retail corridor of San Mateo - B Street which has retail shops, restaurants, bars, Century 12 movie Theatre and train station that services San Mateo. The property is zoned CBD,Central Business District C1 and allows for a broad array of uses: restaurant, financial, health, office. Buyer to independently research zoning and use. San Mateo is located in Silicon Valley, situated mid-way between San Francisco and San Jose and offers a variety of businesses and commercial areas. Internet start-ups, tech companies, financial institutions, restaurants.as well as national, regional and independent retailers.