211 S. San Mateo Drive

211 S. San Mateo Drive


San Mateo, CA 94401

$3,300,000 Marketing Sheet

Compass Commercial is pleased to offer this extremely rare commercial opportunity located in highly desirable Downtown San Mateo, California. Situated on two parcels for a total of 6,518 square-footage of land, the subject property located at 211 South San Mateo Drive was constructed in 1912 and has a gross building area of 5,454 square feet.

The five stores of this flag ship premier corner offering consists of an optician, restaurant, tailer and cleaners (drop-off only), nail salon and hair salon. The property is professionally managed and is well-maintained. The stores have long-term tenants with established businesses. The vibrant downtown, with large medical center just one block from 211 South San Mateo, coupled with the Caltrain station four blocks from the offering, makes this a great opportunity for both the long-term and appreciation-minded investor

Cap Rate: 3.74% NOI: $123,694 Livable Sq. Ft: 5,454

Built in 1912 4 Retail units Lot Sq. Ft: 5,457

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