66 21St AveSan Mateo, CA 94403

  • Industrial properties
  • 11,000 SF
For Lease

Property Details for 66 21St Ave

Year built
1954
Lot size
0.32 AC
Property size (Sq ft)
11,000 SF
Zone code
C40001
Property type
Industrial properties
Property subtype
Other warehouses
APN
039-073-440
APU
39073440

Description

This exceptional 200-square-foot commercial kitchen space, located at 66 21st Ave in San Mateo, California (zip code 94403), presents a fantastic opportunity for food entrepreneurs. Classified as a Class B property within San Mateo County, this retail/restaurant space is currently entirely vacant and ready for immediate occupancy. The kitchen is ideally suited for multiple tenants, offering a turnkey solution for various food businesses. Its compact size makes it perfect for startups, personal chefs, catering companies, food trucks, single-location operators, or national chains seeking expansion. The location in San Mateo provides access to a thriving delivery market, allowing businesses to capitalize on the increasing demand for takeout and delivery services. This property offers a cost-effective way to establish or expand a food-related business with minimal upfront investment and operational overhead. The address is conveniently situated within San Mateo County, offering easy access to major transportation routes and a strong customer base. This is a rare opportunity to secure a fully equipped commercial kitchen in a prime location, allowing for immediate commencement of operations. The space is perfect for those seeking to minimize risk and maximize return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,898,467
    Hospitality
    $8,150,948
    Educational
    $6,781,494
    Medical
    $7,014,720
    Retail
    $10,548,990
66 21St Ave, San Mateo, California

Location Insight

City
San Mateo
County
San Mateo
State
California
Latitude
37.5478
Longitude
-122.308
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$93,859
$2,546,899
$2,755,691
$5,302,590
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