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Listed by Cole Simpson • Marcus & Millichap, DRE#02016525
$1,780,000
Est. payment /mo
3,456 SqFt
New
422 Peninsula AVE San Mateo, CA 94401
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $515
MLS Listing ID ML82065454
Year Built 1954
Lot Size 6,098 Sqft
Property Sub-Type Commercial Property
Property Description
422-426 Peninsula Ave presents a rare owner-user or investment opportunity located on the border of San Mateo and Burlingame (Currently 100% Vacant, Situated on a 6,098 square foot parcel of land, the subject property was originally constructed in 1954, offering approximately 3,456* square feet of net rentable square feet. 422-426 Peninsula Ave is currently built out as 3 separate suites but can be reconfigured to cater leasing needs. The property benefits from its strategic Peninsula Ave location, providing convenient access to both San Mateo and Burlingame and proximity to major transportation corridors, established residential neighborhoods, and a broad range of retail and commercial amenities. The surrounding area features a diverse mix of office, flex, retail, and residential uses, supporting the property's appeal to a variety of local businesses and professional users. With its attractive Peninsula location, flexible configuration, and multiple potential use strategies, 422-426 Peninsula Ave offers a compelling opportunity for an owner-user or investor seeking well-located commercial real estate in the San Mateo/Burlingame market.
Location
State CA
County San Mateo
Area Eastern Addition/Downtown Area
Zoning EA00E2
Interior
Heating Forced Air
Cooling Central AC
Exterior
Parking Features Parking Area
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Present Use Commercial,Educational,Mixed,Retail,Vacant
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 032-131-030
Security Features Fire Alarm ,Video / Audio System
Special Listing Condition Not Applicable

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