420 Claremont StSan Mateo, CA 94401

This exceptional 7,656-square-foot retail property, located at 420 1st Ave & 108 S Claremont St in San Mateo, California (zip code 94401), presents a unique investment opportunity. Situated on a substantial 8.407-acre lot, this property is zoned Central Business District Support (CBD/S), offering versatility for various business ventures. The building boasts a generous clear height of 12 to 16 feet, along with five convenient drive-in doors, making loading and unloading efficient. The electrical system is robust, featuring 3-phase power with 400 amps and 240 volts. The property also includes a secured fenced parking and loading area for enhanced security and convenience. Its prominent corner location offers excellent visibility and accessibility, being just one block from the Caltrain station and providing easy access to Highway 101 and El Camino Real. The property is also adaptable for office or R&D conversion, subject to necessary approvals. Flexible lease terms are available. The asking rent is $1.50 per square foot per month, on a gross lease basis.