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Downtown mixed use office/retail FOR SALE 60 E 3rd Ave 55,000 SF 27% Leased Office Building San Mateo, CA 94401 For Sale
INVESTMENT HIGHLIGHTS
- 60 East 3rd Avenue benefits from its second to none location in the heart of downtown San Mateo.
- ±55,000 SF office building with a small retail component.
- The proximity to El Camino and a direct connection to one of the City’s prominent parking structures.
EXECUTIVE SUMMARY
Kidder Mathews is pleased to present 60 East 3rd Avenue, a ±55,000 SF office building with a small retail component.
60 East 3rd Avenue benefits from its second to none location in the heart of downtown San Mateo. The proximity to El Camino and a direct connection to one of the City’s prominent parking structures provides tenants with employees who drive to the office easy access from El Camino without having to drive the congested downtown city streets. The building is also a 7 minute walk to Caltrain which is an easy commute for employees who take the train. Tenants are just steps to dozens of restaurants, cafe´s and retail amenities offered by Downtown San Mateo.
60 East 3rd Avenue benefits from its second to none location in the heart of downtown San Mateo. The proximity to El Camino and a direct connection to one of the City’s prominent parking structures provides tenants with employees who drive to the office easy access from El Camino without having to drive the congested downtown city streets. The building is also a 7 minute walk to Caltrain which is an easy commute for employees who take the train. Tenants are just steps to dozens of restaurants, cafe´s and retail amenities offered by Downtown San Mateo.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
55,000 SF
Building Class
B
Year Built/Renovated
1926/1980
Percent Leased
27%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
13,750 SF
Building FAR
3.16
Lot Size
0.40 AC
Zoning
CBD, San Mateo - Commercial Business District
Parking
2 Spaces (0.04 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
Walk Score®
Walker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 034-143-080 | Improvements Assessment | $953,480 |
| Land Assessment | $3,033,835 | Total Assessment | $3,987,315 |
PROPERTY TAXES
Parcel Number
034-143-080
Land Assessment
$3,033,835
Improvements Assessment
$953,480
Total Assessment
$3,987,315
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Downtown mixed use office/retail FOR SALE | 60 E 3rd Ave
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