Mixed-use investment or owner-user opportunity in the heart of San Mateo. The ground-floor commercial space (approx. 1,350 SF) is vacant and ready for immediate occupancy, ideal for retail, showroom, office, or service use. The upper-level residential unit (2BR/1BA, approx. 987 SF) is tenant-occupied on a month-to-month basis, providing supplemental income. Recent permitted improvements completed in 2023 enhance the functionality and appeal of the commercial space. The ground-floor commercial space offers an office/storefront-style frontage with large display windows, providing abundant natural light and excellent street presence. Front and rear entrances provide ADA-accessible sloped entry conditions. The commercial space has been extensively reconfigured, including demolition of prior interior improvements and the addition of newly designed storage and break rooms. Electrical upgrades include enhanced commercial-grade 220V power capacity, while existing wiring was partially retained and supplemented as needed. New Title 24–compliant lighting has been installed throughout. Additional improvements include an integrated HVAC system, a new hot water heater, commercial-grade laminate flooring, and an updated restroom. The flexible interior layout allows for immediate occupancy and supports a variety of business uses. The upper-level residential unit has been remodeled with fresh interior paint, a new kitchen, and a tastefully updated bathroom featuring a new vanity, mirror, lighting fixtures, and updated tile flooring. On-site parking is located at the rear of the property and accessed via the alley. The property offers approximately 58% owner-user occupancy, making it eligible for SBA financing. Strategically located near Hwy 101, SFO, and both Downtown San Mateo and Downtown Burlingame. Excellent frontage, strong visibility, and rear access for parking. Square footage figures are based on architectural plans. Seller and Broker have not independently verified the accuracy of the information. Buyer is advised to conduct their own investigation. AI-Generated virtually staged rendering shown for conceptual office/showroom inspiration only. Actual property condition and layout may differ. Buyers are advised to independently verify the property layout and permitted use.