107-111 Railroad Avenue, San Mateo, CA 94401; Retail For Sale; D-14 in San Mateo County

107-111 Railroad Avenue, San Mateo, CA 94401; Retail For Sale; D-14 in San Mateo County


107-111 Railroad Avenue, San Mateo, CA 94401; Retail For Sale; D-14 in San Mateo County

14

107-111 Railroad Avenue, San Mateo, CA 94401

Railroad Avenue CBD

Retail Property For Sale

Price:
$1,187,000
Building Size:
5,654 SF
Price/SF:
$209.94
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
5%
Occupancy:
100%
Tenancy:
Single
Lot Size:
0.16 AC
APN / Parcel ID:
034-157-060
Listing ID
18583436

Description

The property consists of a freestanding single parcel property which provides
+/-5,654 square feet of multi-use, multi-tenant service commercial/retail space offering excellent clear height throughout. Contiguous properties are commercial in nature to include a large Caltrain parking lot immediately south of the property. Arterial access is provided directly to the site from Highway 101. The property is located in the downtown core perimeter area of San Mateo which offers significant services and attractions. The adjacent and contiguous property which is also available for sale is +/-9,200 square feet.

The subject property is located just north of the major ingress and egress corridor of 3rd Avenue and 4th Avenue well within the Downtown Retail Core Support Plan Area of San Mateo commonly known as the Gateway District. It is immediately adjacent to the Downtown San Mateo Cal train Station and three (3) public parking facilities