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    227-231 S San Mateo Drive

    San Mateo, CA 94401
    • $3,800,000
    • STATUS: Active
    • ON SITE: 147 days
    • ID#: ML81821055
    UPDATED: 33 min ago
    $3,800,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,728
      SQFT
    • $804
      $/SQFT
    Type:
    Commercial
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Rare investment opportunity located in the Central Business district of Downtown San Mateo between Second Ave. & Third Ave. The property consists of two freestanding commercial buildings of reinforced brick/concrete construction that share one roof. Both buildings offer 5,235 square feet of leasable space and 48 feet of frontage So. San Mateo Drive. 227 So. San Mateo Drive is currently occupied by Grape & Grain, a 1,390 SF wine bar, and 231 So. San Mateo Drive is owner-occupied by Steiners Jewelry 3,845 SF on two levels; 2,845 SF ground floor and 1,020 SF finished mezzanine. The buildings were extensively updated in 2004 including structural, seismic, electrical, lighting, HVAC, 3 bathrooms, and extensive interior finishes, and exterior finishes. The property is zoned CBD - C2 Central Business District and allows for a broad array of uses including restaurant, financial, health, office. Buyer to independently research zoning & use.

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-04-17T21:41:29.66.

    www.stevebhalla.com/homes/112103089
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    227-231 S San Mateo Drive San Mateo, CA 94401

    • Price: $3,800,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: ML81821055
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,728
    SQFT
    $804
    $/SQFT
    1921
    Built
    Neighborhood:
    All Other Counties/States
    County:
    San Mateo
    Area:
    All Other Counties/States
    Property Description
    Rare investment opportunity located in the Central Business district of Downtown San Mateo between Second Ave. & Third Ave. The property consists of two freestanding commercial buildings of reinforced brick/concrete construction that share one roof. Both buildings offer 5,235 square feet of leasable space and 48 feet of frontage So. San Mateo Drive. 227 So. San Mateo Drive is currently occupied by Grape & Grain, a 1,390 SF wine bar, and 231 So. San Mateo Drive is owner-occupied by Steiners Jewelry 3,845 SF on two levels; 2,845 SF ground floor and 1,020 SF finished mezzanine. The buildings were extensively updated in 2004 including structural, seismic, electrical, lighting, HVAC, 3 bathrooms, and extensive interior finishes, and exterior finishes. The property is zoned CBD - C2 Central Business District and allows for a broad array of uses including restaurant, financial, health, office. Buyer to independently research zoning & use.
    Exterior Features

    Parking Spaces Total 0 Roof Tar And Gravel

    Property Features

    Annual Taxes 43700 Building Type Comm Ind For Sale Commercial Type Retail Miscellaneous Fire Sprinkler SystemTrade Fixtures Net Operating Income 184284 Tenant Expenses ElectricGasOtherTrashWater Tot Bldg Sq Ft 5235 Utilities Public SewerPublic Water Zoning Cb00

    Listing courtesy of Gregory Cohn of Coldwell Banker Realty.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-04-17T21:41:29.66.

     
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