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PENINSULA OWNER-USER / INVESTMENT PROPERTY 180 South Blvd 1 835 pi² Commerce de détail Immeuble San Mateo, CA 94402 1 525 623 $ CAD (831,40 $ CAD/pi²)
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Faits saillants de l'investissement
- Owner-User Opportunity — Single-tenant lease expires Jan 31, 2027 with no renewal option; a buyer can occupy the building at rollover.
- Flexible C2-1 Zoning — Regional/Community Commercial permits retail, service, office, community and residential-above uses.
- Attractive Basis — Priced at $1,100,000 — $600/SF on the building and $231/SF on the ±4,767 SF land.
- Mark-to-Market Upside — In-place gross rent of $4,399.54/mo (±$28.79/SF/yr) sits below market; renew or re-tenant at market on expiration.
- Prime Peninsula Location — Central San Mateo off S. El Camino Real, minutes from Caltrain, US-101 and SR-92.
- Two Parcels, Well-Sized Lot — ±4,767 SF site across two APNs (035-211-040 & 050) in a supply-constrained Peninsula market.
Résumé de l'annonce
Please Inquire for the Offering Memorandum
(650) 281-8877
diego.labutay@corcoranicon.com
180 South Boulevard presents a rare opportunity to acquire a single-tenant commercial building in the heart of the San Francisco Peninsula, offered at $1,100,000 ($600/SF on the building, $231/SF on the land). The ±1,834 SF building sits on a ±4,767 SF lot (two parcels) in central San Mateo, moments from the S. El Camino Real corridor, Caltrain, US-101, and SR-92. The driveway is included, allowing front, side, and rear access to the building.
The property is leased to a single tenant on a gross lease that expires January 31, 2027 with no renewal option — a near-term rollover that creates uncommon flexibility for two distinct buyer profiles. An owner-user can plan to occupy the building for their own business at lease expiration, a scarce chance to own rather than lease in one of the Bay Area's most supply-constrained submarkets.
Alternatively, an investor can capture clear mark-to-market upside: in-place rent of $4,399.54/month (±$28.79/SF/yr, gross) sits below current San Mateo levels, and the flexible C2-1 zoning broadens the pool of renewal and replacement tenants. Backed by high incomes, limited developable land, and durable tenant demand, 180 South Boulevard offers a well-located, small-footprint asset with a defined path to value.
(650) 281-8877
diego.labutay@corcoranicon.com
180 South Boulevard presents a rare opportunity to acquire a single-tenant commercial building in the heart of the San Francisco Peninsula, offered at $1,100,000 ($600/SF on the building, $231/SF on the land). The ±1,834 SF building sits on a ±4,767 SF lot (two parcels) in central San Mateo, moments from the S. El Camino Real corridor, Caltrain, US-101, and SR-92. The driveway is included, allowing front, side, and rear access to the building.
The property is leased to a single tenant on a gross lease that expires January 31, 2027 with no renewal option — a near-term rollover that creates uncommon flexibility for two distinct buyer profiles. An owner-user can plan to occupy the building for their own business at lease expiration, a scarce chance to own rather than lease in one of the Bay Area's most supply-constrained submarkets.
Alternatively, an investor can capture clear mark-to-market upside: in-place rent of $4,399.54/month (±$28.79/SF/yr, gross) sits below current San Mateo levels, and the flexible C2-1 zoning broadens the pool of renewal and replacement tenants. Backed by high incomes, limited developable land, and durable tenant demand, 180 South Boulevard offers a well-located, small-footprint asset with a defined path to value.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
1 835 pi²
Classe d’immeuble
C
Année de construction
1948
Prix
1 525 623 $ CAD
Prix par pi²
831,40 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,47
Taille du lot
0,09 AC
Zonage
C2
Façade
122’ sur South
Principaux locataires Cliquez ici pour accéder à
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Peace Of Mind Structural
- Fabrication
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Peace Of Mind Structural | Fabrication | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
90/100
Bons transports en commun
60/100
Moyennement accessible en vélo
60/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 035-211-050 | Évaluation des bâtiments | 153 135 $ CAD |
| Évaluation du terrain | 612 551 $ CAD | Évaluation totale | 765 686 $ CAD |
Impôts fonciers
Numéro de lot
035-211-050
Évaluation du terrain
612 551 $ CAD
Évaluation des bâtiments
153 135 $ CAD
Évaluation totale
765 686 $ CAD
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PENINSULA OWNER-USER / INVESTMENT PROPERTY | 180 South Blvd
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