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$ 35,000,000
Est. payment /mo
Active
2700 S El Camino Real San Mateo, CA 94403
0.38 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82011025
HOA Y/N No
Year Built 2013
Lot Size 0.378 Acres
Property Description
Current Entitlement: Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring: * 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real. * 68 residential condominiums * Three floors of below-grade parking * Proximity to CA-92: Easy access to the highway facilitates convenient commutes and regional connectivity. * Across the street from the future Caltrain station (at 28th) * Surrounded by vibrant shopping and schools Potential in modification to the entitlement: * Increasing in density to156 residential condominiums * 13,900 square feet of ground-floor commercial space * Two or Three floors of below-grade parking. After construction, estimated value will be over $100m. Subject to City of San Mateo's approval
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning C30000
Interior
Cooling None
Fireplace No
Exterior
Roof Type None
Schools
School District Other
Others
Tax ID 039352060
Special Listing Condition Standard
Listed by Virginia Lam AGH Management
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