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71 E 3rd Ave
San Mateo, CA 94401 Downtown San Mateo

Price Upon Request

Storefront Retail Office For Sale  •  10,672 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 10,672 SF
  • Lot Size 0.13 AC
  • Building Class B
  • Year Built 1931
  • Tenancy Multiple
  • Zoning CB000D
50 Transit Score
99 Walk Score

Highlights

Significant Value-Add: Capitalize on future income upside with current retail tenants paying substantially below market rent.
Stable Passive Income: Enjoy consistent cash flow and minimal management due to 100% net-leased occupancy across three tenants.
Strong Appreciation Potential: Benefit from ongoing development in the immediate CBD, including new office, retail, and 480 housing units.
Trophy Downtown Location: Positioned on San Mateo’s most vibrant and heavily trafficked corridor, ensuring robust demand for retail and office space.
Iconic Property: Own a piece of history as the original headquarters of YouTube, offering unique pride of ownership and enduring appeal.

Public Transportation

Commuter RailDriveWalkDistance
San Mateo (Caltrain - Caltrain (Caltrain), Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 1 min 7 min 0.4 mi
Hayward Park (Caltrain - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 4 min - 1.8 mi
AirportDriveWalkDistance
San Francisco International 12 min - 7.4 mi
Metro Oakland International 34 min - 26.0 mi
Norman Y Mineta San Jose International 35 min - 27.5 mi
Laef Barnes 415-349-3505 Avison Young
Laef Barnes 415-349-3505 Avison Young