Bought with Stanley Lo GRBA
$4,500,000
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7,772 SqFt
SOLD DATE : 04/24/2026
Key Details
Sold Price $4,500,000
Property Type Commercial/Industrial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 7,772 sqft
Price per Sqft $579
MLS Listing ID ML82027819
Year Built 1970
Lot Size 0.516 Acres
Property Sub-Type Commercial Property
Property Description
Exceptional investment opportunity in San Mateo featuring a spacious 0.52-acre lot with ample on-site parking and outstanding potential for redevelopment. 1021 S El Camino Real is a highly visible, multi-tenant commercial property positioned on a prime corner along one of San Mateos main commercial corridors. The property offers 32 open parking spaces and includes two separate buildings: Building A, a 6,172 SF two-story structure with an upper-level tenant in place and a vacant ground floor ideal for office, medical, educational, or service-oriented uses; and Building B, a 1,600 SF freestanding building leased to a long-term commercial tenant, allowing the property to generate stable income. This rare offering combines strong street frontage, flexible use potential, and an unbeatable central location just minutes from Downtown San Mateo, major transportation routes, retail amenities, and the areas thriving business district. With its generous lot size, high visibility, and income-producing components, the property presents an exceptional opportunity for investors, owner-users, or developers seeking to capitalize on one of the Peninsulas most desirable and dynamic commercial environments.
Location
State CA
County San Mateo
Area Hayward Park
Zoning EA00E4
Interior
Heating Central Forced Air - Gas
Cooling Central AC
Exterior
Parking Features Guest / Visitor Parking, Parking Area
Garage Spaces 32.0
Utilities Available Other
Roof Type Shingle
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Other
Others
Special Listing Condition Not Applicable
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