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EL CAMINO FRONTAGE - DEVELOPMENT SITE 2277-2281 S El Camino Real 5,000 SF 100% Leased Retail Building San Mateo, CA 94403 $3,125,452 CAD ($625.09 CAD/SF)
Investment Highlights
- High-Traffic El Camino Frontage (~40,000 VPD)
- Value-Add Mark-to-Market Rents & Flexible Month-to-Month Leases
- Mixed-Use Income In Place
- High-Density C3-1/R4 Zoning
- Flexible Month-to-Month Leases
- Owner-User Opportunity
Executive Summary
A ±5,000 SF two-story mixed-use building on prime El Camino Real frontage in San Mateo — three ground-floor commercial suites with four residential units on a ±7,500 SF (0.17 AC) C3-1/R4 lot, in one of the Peninsula's most supply-constrained submarkets.
San Mateo is one of the largest cities in San Mateo County, with a population of approximately 102,000. Home to major employers including Sony Interactive Entertainment (PlayStation), Franklin Templeton, GoPro, Roblox, and Snowflake, the city is one of the Mid-Peninsula's principal employment, finance, and technology centers.
The city sits at the intersection of US-101, SR-92, and I-280, and is served by three Caltrain stations — Hillsdale, Hayward Park, and downtown San Mateo — placing it within roughly 25 minutes of San Francisco, 30 minutes of San Jose, and 12 minutes of San Francisco International Airport.
San Mateo's El Camino Real and Rail Corridor have become among the Peninsula's most active mixed-use markets, with the city's Rail Corridor Plan and major transit-oriented projects — Bay Meadows, Station Park Green, and Concar Passage — supporting a sustained pipeline of TOD-scale housing, office, and retail in a market where land scarcity and jobs growth continue to drive value.
San Mateo is one of the largest cities in San Mateo County, with a population of approximately 102,000. Home to major employers including Sony Interactive Entertainment (PlayStation), Franklin Templeton, GoPro, Roblox, and Snowflake, the city is one of the Mid-Peninsula's principal employment, finance, and technology centers.
The city sits at the intersection of US-101, SR-92, and I-280, and is served by three Caltrain stations — Hillsdale, Hayward Park, and downtown San Mateo — placing it within roughly 25 minutes of San Francisco, 30 minutes of San Jose, and 12 minutes of San Francisco International Airport.
San Mateo's El Camino Real and Rail Corridor have become among the Peninsula's most active mixed-use markets, with the city's Rail Corridor Plan and major transit-oriented projects — Bay Meadows, Station Park Green, and Concar Passage — supporting a sustained pipeline of TOD-scale housing, office, and retail in a market where land scarcity and jobs growth continue to drive value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1950
Price
$3,125,452 CAD
Price Per SF
$625.09 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.17 AC
Zoning
C3-1/R4 - High Density Residential / Service Commercial
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
75’ on El Camino Real
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $367,597 CAD | |
| Land Assessment | $835,503 CAD | Total Assessment | $1,203,100 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$835,503 CAD
Improvements Assessment
$367,597 CAD
Total Assessment
$1,203,100 CAD
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EL CAMINO FRONTAGE - DEVELOPMENT SITE | 2277-2281 S El Camino Real
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