For Sale
$5,400,000

917 Amphlett BlvdSan Mateo, CA 94401

11,000 SF Flex Space, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 11,000-square-foot flex space in San Mateo, CA, presents a unique investment opportunity. Located at 917 N Amphlett Blvd, this Class C, two-story building boasts prime visibility from Highway 101, with over 272,000 vehicles passing daily. The property, built in 1960 and zoned C4-1, offers three motorized roll-up doors, each with over 10 feet of clearance, making it ideal for various commercial uses. Inside, find a newly constructed designer kitchen and an ADA-compliant restroom. The property's strategic location within a development corridor, near Meta (Facebook), new mixed-use developments, and downtown Burlingame, ensures strong potential for growth. With approximately 11,000 square feet of net rentable space, this single-tenancy building is available for an absolute NNN lease. The asking price is $5,400,000, representing an 8.00% cap rate. This is a 1031 exchange eligible property. The affluent demographics, with over 215,400 people within a 5-mile radius, further enhance its investment appeal. The APN is 029-315-250. This is a rare opportunity to acquire a high-visibility commercial property in a thriving San Mateo location.

Highlights

  • Prime visibility from Highway 101, with over 272,000 vehicles per day.
  • Excellent location in a development corridor near Meta (Facebook), new mixed-use properties, and downtown Burlingame.
  • Approximately 11,000 square feet of usable space, including a new designer kitchen and ADA-compliant restroom.
  • Three motorized roll-up doors with 10+ foot clearance.
  • Strong demographics, with over 215,400 people within a 5-mile radius.

Property Details for 917 Amphlett Blvd

Property type
Office properties, Mixed-use properties
Square Feet
11,000 SF
Class
C
Year Built
1960
Stories
2

Location Insight

City
San Mateo
County
San Mateo
State
California
Latitude
37.5845214
Longitude
-122.3296464
917 Amphlett Blvd, San Mateo, California

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917 Amphlett Blvd
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