2 W 3rd Ave - Commercial LAND FOR SALE


San Mateo, CA 94402 11,491 SF
$4,950,000 USD
415-765-6900
2 W 3rd Ave, San Mateo, CA for Sale
$4,950,000 USD
Commercial LAND - FOR SALE
1/6
11,491 SF

2 W 3rd Ave
San Mateo, CA 94402


HIGHLIGHTS

  • 3 points of access which make it ideal for development.
  • Height limit of 55 ft. by right.
  • Perfect opportunity to use a density bonus to increase the scale of the project.
  • ½ mile from Caltrans.
  • Immediate access to all of the bars, restaurants, and activities of Downtown San Mateo.
  • Average household income of $124,842 in the surrounding area.

OVERVIEW

Starboard CRE as an exclusive advisor is proud to present to the market 2 W 3rd Avenue in San Mateo, CA. It is one of the last vacant lots in the city of San Mateo right outside the downtown corridor. Located ½ Mile from Caltrans, it is ideal for development. Flexible zoning allows for endless possibilities including housing, office, retail.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/ACRE

$18,762,792/AC

PRICE/SF

$431 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Mixed Use, Multi-Family

LAND ACRES

0.26 AC

LAND SF

11,492 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

E2-2/R5

APN/PARCEL ID

034-093-050

ASK ABOUT THIS PROPERTY

Craig HanssonStarboard Commercial Real EstateMore Info
415-765-6900

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Craig HanssonStarboard Commercial Real EstateMore Info
415-765-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.