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709-711 S B St 5,005 SF 100% Leased Retail Building San Mateo, CA 94401 $2,200,000 ($439.56/SF)
Investment Highlights
- Available for Sale and Lease
- Two-story property with separate units, allowing for owner-user or multi-tenant investment potential
- Second floor features high ceilings, abundant natural light, and flexible open layout ideal for creative office, studio, fitness, or educational uses
- Historic standalone mixed-use building totaling approximately 5,005 SF (per recent measurements)
- Ground floor former bar/restaurant with existing bar buildout, kitchen infrastructure, and fenced outdoor patio area
- Located steps from Downtown San Mateo retail and restaurants while bordering the Hayward Park residential neighborhood
Executive Summary
709-711 S B Street presents a rare opportunity to acquire a historic two-story commercial building near Downtown San Mateo. The property consists of approximately 5,005 square feet and is configured with two separate units, offering flexibility for an owner-user, investor, or redevelopment buyer.
The ground floor (Suite 709) was formerly operated as Yuppie Cantina, featuring an existing bar and kitchen buildout along with a private fenced backyard patio area, making it well suited for a restaurant, bar, or hospitality concept.
The second floor (Suite 711) was previously occupied by School of Rock and offers a wide-open layout, high ceilings, and excellent natural light, creating an ideal setting for creative office, fitness studio, music/arts education, or collaborative workspace.
The property benefits from C1 (Neighborhood Commercial District)-R5 zoning, allowing a variety of commercial and mixed-use possibilities, including potential retail, office, service, or residential integration (buyer to verify).
Positioned just south of Downtown San Mateo, the property is surrounded by dense residential neighborhoods, restaurants, and retail amenities, offering strong long-term repositioning potential.
The ground floor (Suite 709) was formerly operated as Yuppie Cantina, featuring an existing bar and kitchen buildout along with a private fenced backyard patio area, making it well suited for a restaurant, bar, or hospitality concept.
The second floor (Suite 711) was previously occupied by School of Rock and offers a wide-open layout, high ceilings, and excellent natural light, creating an ideal setting for creative office, fitness studio, music/arts education, or collaborative workspace.
The property benefits from C1 (Neighborhood Commercial District)-R5 zoning, allowing a variety of commercial and mixed-use possibilities, including potential retail, office, service, or residential integration (buyer to verify).
Positioned just south of Downtown San Mateo, the property is surrounded by dense residential neighborhoods, restaurants, and retail amenities, offering strong long-term repositioning potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,005 SF
Building Class
C
Year Built
1920
Price
$2,200,000
Price Per SF
$439.56
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.10 AC
Zoning
CL00C2 - The property benefits from C1-R5 zoning, allowing a variety of commercial and mixed-use possibilities, including potential retail, office, service.
Frontage
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 034-195-040 | Improvements Assessment | $287,973 |
| Land Assessment | $364,636 | Total Assessment | $652,609 |
Property Taxes
Parcel Number
034-195-040
Land Assessment
$364,636
Improvements Assessment
$287,973
Total Assessment
$652,609
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