629 B StSan Mateo, CA 94401

Property Details for 629 B St

Year built

1925

Lot size

0.26 AC

Property size (Sq ft)

12,590 SF

Zone code

CL00C2

Property type

Retail properties

Property subtype

Retail space

APN

034-193-030

APU

34193030

Description

This exceptional retail property at 629 S B Street, San Mateo, offers two available units totaling 1,094 square feet of vacant space. Situated on the ground floor in a prime location near downtown San Mateo, this property boasts excellent street visibility, ideal for attracting customers. The building, constructed in 1960, comprises a single structure with a total of 10,384 square feet. Each unit features desirable attributes including high ceilings and a restroom. Additional storage space is conveniently located in the rear of the building, providing ample room for inventory or supplies. The available spaces are perfect for a variety of retail or service-based businesses seeking a high-traffic location with strong visibility. The flexible space allows for customization to suit individual business needs. This is a rare opportunity to secure a well-positioned retail space in a thriving San Mateo location. The property's convenient location and attractive features make it an excellent investment for businesses seeking to establish or expand their presence in the area. The individual unit sizes range from 943 to 1,094 square feet, offering options to suit various business requirements. Don't miss this chance to secure your ideal retail space in the heart of San Mateo.

• CAP approach

  CAP return

  Valuation

  6%

  $13,079,948

  6.5%

  $12,073,798

  7%

  $11,211,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,906,966

  Geo Method

  $8,848,922

• Alternative Use

  Use

  Valuation

  Residential

  $10,184,701

  Hospitality

  $9,329,131

  Educational

  $7,761,728

  Medical

  $8,028,665

  Retail

  $12,073,798

Location Insight

City

San Mateo

County

San Mateo

State

California

Latitude

37.5632

Longitude

-122.319

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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