For Sale
$3,135,000

929 Amphlett BlvdSan Mateo, CA 94401

Prime location, high visibility, 6,720 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional San Mateo investment opportunity features two buildings totaling 6,720 square feet of flexible industrial space, ideally suited for owner-occupancy or investment. Located on N Amphlett Blvd in San Mateo, CA (94401), this Class C property boasts prime highway visibility with over 272,000 vehicles passing daily on Highway 101, providing unparalleled signage opportunities. The property includes three dock-high roll-up doors with 12' clearance, facilitating seamless loading and operations. High ceilings and versatile upstairs spaces in both buildings offer ample room for offices or creative uses. Three bathrooms are included. The property is zoned C4-1 and is offered as a 1031 exchange opportunity. With a total asking price of $3,135,000 and an 8.00% cap rate, this presents a strong return on investment. The surrounding area boasts a high average household income ($174,602 within a 5-mile radius) and a substantial population (over 525,000 within a 10-mile radius). This property offers significant potential for expansion and customization, making it an ideal choice for businesses seeking a strategic location with exceptional functionality and visibility. The property consists of two stories and features a multi-tenant configuration with a NNN lease type. APN: 029-315-020.

Highlights

  • 6,720 SF of flexible industrial space in San Mateo, CA, ideal for owner-occupancy or investment.
  • Prime Highway 101 visibility (272,000+ vehicles daily), offering excellent signage opportunities.
  • Three dock-high roll-up doors with 12' clearance.
  • High ceilings and versatile upstairs space in both buildings.
  • $3,135,000 asking price with an 8.00% cap rate.

Property Details for 929 Amphlett Blvd

Property type
Warehouses, Mixed-use properties
Square Feet
6,720 SF
Class
C
Buildings
2
Stories
2

Location Insight

City
San Mateo
County
San Mateo
State
California
Latitude
37.584806
Longitude
-122.329961
929 Amphlett Blvd, San Mateo, California

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929 Amphlett Blvd
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