233-235 Baldwin Ave - Storefront FOR SALE


San Mateo, CA 94401- Downtown San Mateo
$2,888,000 USD
415-802-1400
233-235 Baldwin Ave, San Mateo, CA for Sale
$2,888,000 USD
Storefront - FOR SALE
1/18
null | Request Cap Rate

233-235 Baldwin Ave
San Mateo, CA 94401
Downtown San Mateo


HIGHLIGHTS

  • High visibility frontage on Baldwin Street
  • Strong pedestrian and vehicular traffic
  • Configured for retail use, the buildings provide stable income with added upside of future redevelopment potential.
  • Two freestanding retail buildings with flexible layouts

OVERVIEW

Prime Downtown San Mateo Retail Investment with Redevelopment Potential 233–235 Baldwin Street, San Mateo, CA; asking $2.89M Positioned in the heart of vibrant Downtown San Mateo, these two standalone retail buildings offer an exceptional opportunity for investors and developers alike. Featuring high visibility frontage on Baldwin Street, the properties benefit from strong pedestrian and vehicular traffic, surrounded by an eclectic mix of restaurants, boutiques, offices, and residential communities. Currently configured for retail use, the buildings provide stable income with the added upside of future redevelopment potential. With favorable zoning and a location in one of the Peninsula’s most dynamic downtown corridors, the site is well-suited for mid-scale redevelopment, including mixed-use, boutique office, or modern retail concepts (buyer to verify with city). Highlights: Two freestanding retail buildings with flexible layouts Prime downtown San Mateo location, just steps from dining, shopping, and Caltrain Strong surrounding demographics and growing residential base Potential for mid-scale redevelopment or value-add repositioning Rare opportunity in one of the Bay Area’s most desirable downtown markets

FOR SALE DETAILS

PRICE

$2,888,000 USD

PRICE/SF

$526 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C1-2R

APN/PARCEL ID

032-321-190,032-321-200

ASK ABOUT THIS PROPERTY

Brian MerrioneXp CommercialMore Info
415-802-1400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brian MerrioneXp CommercialMore Info
415-802-1400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.