2322 S El Camino Real
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2322 S El Camino Real
3,625 SF Retail Building San Mateo, CA 94403 £1,900,008 (£524/SF)
Investment Highlights
- Retail Building Free Standing ± 3,625 Sq. Ft
- Parcel ± 8,075 Sq. Ft., zoned C3-1/R4 Overlay
- High Tra?c Count - average over 30,000 Vehicles/day
- Building Completely Rebuilt 1999 "from ground up"
- Rear Parking Lot for 12 Vehicles
Executive Summary
Sale Pending.
This property features a freestanding, single-story commercial building of approximately 3,625 square feet on a prime 8,075-square-foot parcel zoned C3-1 with an R4 overlay, allowing for a range of commercial applications. Rebuilt from the ground up in 1999, the property includes a private parking lot with 12 spaces and is currently configured as two well-established units: a popular martial arts studio and a specialty Russian grocery market, both of which serve the vibrant local community.
Located on the west side of El Camino Real between 23rd and 24th Avenues, this property enjoys excellent exposure, benefiting from over 30,000 vehicles passing daily. Its central location provides easy access to San Mateo’s dynamic downtown and the bustling Hillsdale Shopping Center. Public transportation, shopping, local schools, and scenic parks are all nearby, while convenient highway access to 101 and 280 enhances accessibility for both customers and tenants.
Positioned between the economic hubs of San Francisco and Silicon Valley, San Mateo is a dynamic community hosting a blend of internet start-ups, tech innovators, financial institutions, and diverse dining experiences. This property offers tenants prime placement in one of the Bay Area’s most vibrant commercial districts, surrounded by a rich mix of national, regional, and independent retailers.
This property features a freestanding, single-story commercial building of approximately 3,625 square feet on a prime 8,075-square-foot parcel zoned C3-1 with an R4 overlay, allowing for a range of commercial applications. Rebuilt from the ground up in 1999, the property includes a private parking lot with 12 spaces and is currently configured as two well-established units: a popular martial arts studio and a specialty Russian grocery market, both of which serve the vibrant local community.
Located on the west side of El Camino Real between 23rd and 24th Avenues, this property enjoys excellent exposure, benefiting from over 30,000 vehicles passing daily. Its central location provides easy access to San Mateo’s dynamic downtown and the bustling Hillsdale Shopping Center. Public transportation, shopping, local schools, and scenic parks are all nearby, while convenient highway access to 101 and 280 enhances accessibility for both customers and tenants.
Positioned between the economic hubs of San Francisco and Silicon Valley, San Mateo is a dynamic community hosting a blend of internet start-ups, tech innovators, financial institutions, and diverse dining experiences. This property offers tenants prime placement in one of the Bay Area’s most vibrant commercial districts, surrounded by a rich mix of national, regional, and independent retailers.
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,625 SF
Building Class
C
Year Built/Renovated
1939/1999
Price
£1,900,008
Price Per SF
£524
Tenancy
Multiple
Number of Floors
1
Building FAR
0.49
Lot Size
0.17 AC
Zoning
C30000 - Zoned C3-1 / R4 overlay
Parking
12 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
62 ft on El Camino Real
Amenities
- Bus Route
- Signage
Walk Score ®
Walker's Paradise (96)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 039-154-060 | Improvements Assessment | £141,993 (2023) |
| Land Assessment | £362,899 (2023) | Total Assessment | £504,892 (2023) |
PROPERTY TAXES
Parcel Number
039-154-060
Land Assessment
£362,899 (2023)
Improvements Assessment
£141,993 (2023)
Total Assessment
£504,892 (2023)
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2322 S El Camino Real
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