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23127350
23127349

216 N San Mateo Dr, San Mateo, CA 94401

RJ
CA 01853816, CA CA 01853816
Marcus & Millichap - Palo Alto
CS
CA CA: 02016525
Marcus & Millichap - Palo Alto
JF
CA DRE# 02100750
Marcus & Millichap - Palo Alto
AL
01462752
Listed by Marcus & Millichap - Palo Alto
$2,250,000
406 days on market
Updated 11 days ago

216 N San Mateo Dr

Details
APN 032-198-230
Property Type Office
Sub Type Executive Office
Square Footage 2,796
Units 1
Occupancy 100%
Year Built 1900
Lot Size (SqFt) 8,412
Zoning EA00E2

Office | 2,796 SqFt

Marketing description

216 N San Mateo Dr is an exceptional ofce investment opportunity located in the thriving city of San Mateo, California. The subject property is situated on a 8,412 square foot parcel of land and has a gross building area of approximately 2,796* square feet, offering a spacious ofce oor plan across two stories. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. 216 N San Mateo Dr is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide employees with convenient access from San Francisco and San Jose and is within close proximity to many of the nation's top tech employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 216 N San Mateo Dr presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Investment highlights

  • Exceptional Mid-Peninsula Investment Opportunity - Investors have the opportunity to acquire a well-located office asset in one of the most dynamic and desirable locations in the Bay Area.
  • Prime Location - Employees are just two blocks away from Downtown San Mateo, home to a myriad of shopping, dining and entertainment options.
  • Convenient Access to Transportation Corridors - The subject property provides convenient access to the major transportation corridors of U.S Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real.
  • Proximity to Nation's Top Employers - Throughout the Bay Area and Silicon Valley, there are many renown employers including 38 Fortune 500 companies. Recognizable names include Google, Meta (Facebook), Netflix, Apple, Salesforce, Wells Fargo, Microsoft, Cisco, Chevron, Box Inc., Visa, Sony, and many others.

Listing Contacts

RJ
CA 01853816, CA CA 01853816
Marcus & Millichap - Palo Alto
CS
CA CA: 02016525
Marcus & Millichap - Palo Alto
JF
CA DRE# 02100750
Marcus & Millichap - Palo Alto
AL
01462752
Listed by Marcus & Millichap - Palo Alto

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Additional Information

Name
Tony Solomon
License
CA 1238010
Title
Broker of Record
Name
Robert Johnston
License
01853816
Brokerage
Marcus and Millichap
Brokerage Phone
6503911744
Brokerage Address
2626 Hanover Street
Name
Cole Simpson
License
CA: 02016525
Brokerage
Marcus & Millichap.com
Brokerage Phone
650-391-1735
Title
Senior Director Investments
Name
Justin Fink
License
DRE# 02100750
Brokerage
Marcus & Millichap
Brokerage Phone
(650) 576-5408
Brokerage Address
2626 Hanover Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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