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136 N B St 1,710 SF 100% Leased Retail Building San Mateo, CA 94401 $1,452,559 CAD ($849.45 CAD/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Nearfrom Caltrain and minutes to Highways 101, 92, and 280—making it easily accessible for both clientele and staff
- Located on a high-traffic corridor in downtown San Mateo, surrounded by established shops, eateries, and professional services
- Ideal for owner-operators or investors—whether as workplace space, retail storefront, or leased property. It offers flexibility and multi-use appeal
EXECUTIVE SUMMARY
The court date has been confirmed for December 1, 2025, at 9:00 AM at 400 County Center, Redwood City, Department 3 Probate Division.
The first minimum overbid price will be $1,050,500.
Any prospective overbidder must appear in court with a cashier’s check equal to 10% of the Minimum overbid price (or of the price they intend to offer). The cashier’s check must be made payable to First American Title.
Prime opportunity in the heart of downtown San Mateo! 136 North B Street offers prime visibility in a high-traffic corridor surrounded by shops, dining, and professional services. This flexible commercial building is ideal for an owner-user looking to establish their business or for an investor seeking a strong rental property in a sought-after location. Just steps to Caltrain and minutes from Highways 101, 92, and 280, the property combines convenience, accessibility, and long-term growth potential in one of the Peninsula’s most dynamic downtown districts.
The first minimum overbid price will be $1,050,500.
Any prospective overbidder must appear in court with a cashier’s check equal to 10% of the Minimum overbid price (or of the price they intend to offer). The cashier’s check must be made payable to First American Title.
Prime opportunity in the heart of downtown San Mateo! 136 North B Street offers prime visibility in a high-traffic corridor surrounded by shops, dining, and professional services. This flexible commercial building is ideal for an owner-user looking to establish their business or for an investor seeking a strong rental property in a sought-after location. Just steps to Caltrain and minutes from Highways 101, 92, and 280, the property combines convenience, accessibility, and long-term growth potential in one of the Peninsula’s most dynamic downtown districts.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,710 SF
Building Class
C
Year Built
1970
Price
$1,452,559 CAD
Price Per SF
$849.45 CAD
Cap Rate
4%
NOI
$58,102 CAD
Percent Leased
100%
Building Height
1 Story
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 032-323-240 | Improvements Assessment | $49,923 CAD |
| Land Assessment | $23,971 CAD | Total Assessment | $73,894 CAD |
PROPERTY TAXES
Parcel Number
032-323-240
Land Assessment
$23,971 CAD
Improvements Assessment
$49,923 CAD
Total Assessment
$73,894 CAD
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