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SURE Real Estate
422 Peninsula Avenue, San Mateo, CA 94401
- $1,780,000
- List Price
- $1,780,000
- Status
- ACTIVE
- MLS#
- ML82065454
- Year Built
- 1954
- Lot Size
- 6,098
- Acres
- 0.14
- Days on Market
- 3
- Property Type
- Commercial
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.
Additional Information
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Flat
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $124,416
Listing courtesy of Listing Agent: Cole Simpson (cole.simpson@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.