Current Entitlement:
Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring:
* 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real.
* 68 residential condominiums
* Three floors of below-grade parking
* Proximity to CA-92: Easy access to the highway facilitates convenient
commutes and regional connectivity.
* Across the street from the future Caltrain station (at 28th)
* Surrounded by vibrant shopping and schools
Potential in modification to the entitlement:
* Increasing in density to156 residential condominiums
* 13,900 square feet of ground-floor commercial space
* Two or Three floors of below-grade parking.
After construction, estimated value will be over $100m.
Subject to City of San Mateo's approval
13,500 Sq Ft
0.377 Private Acres Lot Size
Investment
Built in 2013
MLS/Listing ID ML82011025
Heating - Other
TOTAL MONTHLY COST
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