71 E 3rd Ave 10,672 SF 100% Leased Retail Building San Mateo, CA 94401 $9,900,000 ($927.66/SF)

SVN | Capital West Partners, as exclusive advisor, is pleased to present 71 East 3rd Avenue, a trophy mixed-use retail and office property located in the heart of downtown San Mateo, California. The property is 100% leased, providing stable in-place cash flow with minimal landlord responsibilities. Below-market rents offer a compelling mark-to-market opportunity. The second-floor office space also offers potential flexibility for future owner-occupants, allowing buyers to benefit from existing income while occupying the space in the near term. Ideally positioned along a highly trafficked retail corridor and supported by strong surrounding demographics, this offering represents a rare opportunity to acquire a well-located asset with both stable income and meaningful upside in a premier Bay Area submarket.