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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

Listed by Cole Simpson • Marcus & Millichap, DRE#02016525

$1,780,000

Est. payment - /mo

3,456 SqFt

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UPDATED:

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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Matt Cossell

+1(408) 761-3271

Top 1% Realtor License ID: 01382971

422 Peninsula AVE San Mateo, CA 94401

Matt Cossell

Key Details

Location

Interior

Exterior

Building

Others