2700 S El Camino Real new Save Request In-Person Tour Request Virtual Tour
San Mateo,CA 94403
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 13,500 sqft
Price per Sqft $2,592
MLS Listing ID ML82011025
Year Built 2013
Lot Size 0.378 Acres
Property Sub-Type Five or More Units
Property Description
Current Entitlement: Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring: * 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real. * 68 residential condominiums * Three floors of below-grade parking * Proximity to CA-92: Easy access to the highway facilitates convenient commutes and regional connectivity. * Across the street from the future Caltrain station (at 28th) * Surrounded by vibrant shopping and schools Potential in modification to the entitlement: * Increasing in density to156 residential condominiums * 13,900 square feet of ground-floor commercial space * Two or Three floors of below-grade parking. After construction, estimated value will be over $100m. Subject to City of San Mateo's approval
Location
State CA
County San Mateo
Area Park Western Subdivision/Hillsdale
Zoning C30000
Interior
Heating Other
Cooling None
Exterior
Parking Features Assigned Spaces
Garage Spaces 158.0
Utilities Available Public Utilities
Roof Type None
Building
Foundation Other
Sewer Sewer Connections - LESS than 500 feet away
Water Individual Water Meter
Others
Restrictions Other
Tax ID 039-352-060
Security Features None
Special Listing Condition Not Applicable