227-231 San Mateo Drive

Downtown San Mateo, San Mateo, CA 94401

$3,800,000
Commercial / Office

AGENTS

Douglas Elliman
Douglas Elliman
Source of Data:
MLS Listings
MLS Listings

Property Description

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Rare investment opportunity located in the Central Business district of Downtown San Mateo between Second Ave. & Third Ave. The property consists of two freestanding commercial buildings of reinforced brick/concrete construction that share one roof. Both buildings offer 5,235 square feet of leasable space and 48 feet of frontage So. San Mateo Drive. 227 So. San Mateo Drive is currently occupied by Grape & Grain, a 1,390 SF wine bar, and 231 So. San Mateo Drive is owner-occupied by Steiners Jewelry 3,845 SF on two levels; 2,845 SF ground floor and 1,020 SF finished mezzanine. The buildings were extensively updated in 2004 including structural, seismic, electrical, lighting, HVAC, 3 bathrooms, and extensive interior finishes, and exterior finishes. The property is zoned CBD - C2 Central Business District and allows for a broad array of uses including restaurant, financial, health, office. Buyer to independently research zoning & use.
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PROPERTY DETAILS

  • Interior
    5,235 Sq Ft.
  • Exterior
    .11 Acres
  • Property Type
    Commercial / Office
  • Year Built
    1920
  • MLS/Listing ID
    ML81821055
  • Days On Market
    207

Amenities

  • Central Air Conditioning
  • Terrace
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
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Listing Courtesy of Coldwell Banker Realty

LOCATION

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TRAVEL TIMEFROMDowntown San Mateo
TYPE OF TRANSPORTATION