63
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$4,880,000
Est. payment /mo
0.52 Acres Lot
New
1021 S El Camino Real San Mateo, CA 94402
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82027819
HOA Y/N No
Year Built 1970
Annual Tax Amount $55,918
Lot Size 0.516 Acres
Property Description
Exceptional investment opportunity in San Mateo featuring a spacious 0.52-acre lot with ample on-site parking and outstanding potential for redevelopment. 1021 S El Camino Real is a highly visible, multi-tenant commercial property positioned on a prime corner along one of San Mateos main commercial corridors. The property offers 32 open parking spaces and includes two separate buildings: Building A, a 6,172 SF two-story structure with an upper-level tenant in place and a vacant ground floor ideal for office, medical, educational, or service-oriented uses; and Building B, a 1,600 SF freestanding building leased to a long-term commercial tenant, allowing the property to generate stable income. This rare offering combines strong street frontage, flexible use potential, and an unbeatable central location just minutes from Downtown San Mateo, major transportation routes, retail amenities, and the areas thriving business district. With its generous lot size, high visibility, and income-producing components, the property presents an exceptional opportunity for investors, owner-users, or developers seeking to capitalize on one of the Peninsulas most desirable and dynamic commercial environments.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning EA00E4
Interior
Cooling Central Air
Fireplace No
Exterior
Utilities Available Other
Roof Type Shingle
Present Use Commercial
Total Parking Spaces 32
Building
Story 2
Water Other
Others
Tax ID 034283210
Listed by Stanley Lo Green Banker Realty
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