83 21st Ave - Retail FOR SALE


San Mateo, CA 94403- Hillsdale
$3,250,000 USD
415-559-8230
83 21st Ave, San Mateo, CA for Sale
$3,250,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

NEW


83 21st Ave
San Mateo, CA 94403
Hillsdale


HIGHLIGHTS

  • On-site parking accommodates 5 to 7 vehicles for secure and convenient access.
  • Ground-floor shop and storage area suitable for a wide range of operational or creative uses.
  • Flexible second-floor layout with kitchen, restrooms, shower, and sauna supporting potential live-work functionality.
  • Built-in income from an existing ground-floor lease with Comcast through December 14, 2029, providing immediate cash flow.

OVERVIEW

83 21st Avenue in San Mateo presents a rare opportunity to acquire a versatile mixed-use asset in one of the Peninsula’s most supply-constrained submarkets. Offering a blend of income stability and future flexibility, the building caters to both owner-users and investors seeking a strategic foothold in a prime infill location. The property encompasses a well-configured industrial footprint with ground-floor shop and storage areas, complemented by a second-floor office or optional living-ready environment complete with kitchen facilities, restrooms, a shower, and a sauna. This adaptable configuration allows a future owner to seamlessly integrate workspace, operations, and potential live-work functionality under one roof.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$470 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C4, San Mateo

APN/PARCEL ID

039-072-040

ASK ABOUT THIS PROPERTY

415-559-8230

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415-559-8230

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