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517 S B St

San Mateo, CA 94401
  • $2,275,000
  • STATUS: Active
  • ON SITE: 178 Days
  • ID#: ML81847578
UPDATED: 70 min ago
$2,275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $1,896
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

Description

Another great investment opportunity in downtown San Mateo. This fully leased commercial building with long term tenants. Current below market mth/mth rents are the Chiropractic office $2,400, Market $3,500 and 20 seat cafe at $1,500/mth. New fully sprinklered fire suppression system, 200 Amps and newer HVAC. Public City parking adjacent to property. Central Market business is also for sale ($225,000) and is ideally located, surrounded by offices, auto repairs, and residential housing, which will provide a constant flow of dedicated foot traffic.

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© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-12-02T10:49:13.333. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
www.thegilmartins.com/homes/117959449
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517 S B St San Mateo, CA 94401

  • Price: $2,275,000
  • Status: Active
  • On Site: 178 Days
  • Updated: 70 min ago
  • ID#: ML81847578
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,200
SQFT
$1,896
$/SQFT
1955
Built
Neighborhood:
Hayward Park
County:
San Mateo
Area:
Hayward Park
Property Description
Another great investment opportunity in downtown San Mateo. This fully leased commercial building with long term tenants. Current below market mth/mth rents are the Chiropractic office $2,400, Market $3,500 and 20 seat cafe at $1,500/mth. New fully sprinklered fire suppression system, 200 Amps and newer HVAC. Public City parking adjacent to property. Central Market business is also for sale ($225,000) and is ideally located, surrounded by offices, auto repairs, and residential housing, which will provide a constant flow of dedicated foot traffic.
Exterior Features

Foundation Concrete Slab Garage Parking On Street Roof Bitumen Sq Ft Yard 0 Stories 1

Interior Features

Cooling Central Ac Heating Central Forced Air Sq Ft Warehouse 0 Structure Sq Ft 2700

Property Features

Accessibility Features None Additional Listing Info Not Applicable Amenities High CeilingSkylight Business Name Central Market / Chiropractor Business Type Liquor StoreMedical/DentalRestaurant City Limits Yes City Name San Mateo Facilities KitchenMulti-Tenant BuildingOfficeRestrooms-PrivateTrade Fixtures Incorporated No Lot Size Area Maximum 2750.00 Meters Separate ElectricSeparate GasSeparate Water Present Use Business/ProfessionalCommercialFood ServiceRetail Restrictions None Security Features Fire System - SprinklerFire System - SuppressionSecurity Alarm Sewer Septic Sewer Connected Sq Ft Source Assessor Utilities Public Utilities Water Individual Water MeterPublic Zoning Cl00c2

© 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Michael G Verdone of Economic Concepts.


© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-12-02T10:49:13.333. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
 
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