2700 S El Camino Real, San Mateo, CA 94403
- $35,000,000
- List Price
- $35,000,000
- Status
- ACTIVE
- MLS#
- ML82011025
- Year Built
- 2013
- Lot Size
- 16,448
- Acres
- 0.38
- Days on Market
- 98
- Property Type
- Commercial
Property Description
Current Entitlement: Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring: * 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real. * 68 residential condominiums * Three floors of below-grade parking * Proximity to CA-92: Easy access to the highway facilitates convenient commutes and regional connectivity. * Across the street from the future Caltrain station (at 28th) * Surrounded by vibrant shopping and schools Potential in modification to the entitlement: * Increasing in density to156 residential condominiums * 13,900 square feet of ground-floor commercial space * Two or Three floors of below-grade parking. After construction, estimated value will be over $100m. Subject to City of San Mateo's approval
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Additional Information
- Cooling
- Yes
- Cooling Description
- None
- Roof
- None
- School District
- Other
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Virginia Lam (info@aghrealtygroup.com) from Listing Office: AGH Management.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.