One of the last vacant lots in the city of San Mateo
$ 4,950,000
2 W 3rd Avenue , San Mateo , CA 94402
$ 4,950,000
Description
Starboard CRE as an exclusive advisor is proud to present to the market 2 W 3rd Avenue in San Mateo, CA. It is one of the last vacant lots in the city of San Mateo right outside the downtown corridor. Located ½ Mile from Caltrans, it is ideal for development. Flexible zoning allows for endless possibilities including housing, office, retail.
Highlights
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Square Footage: 11492 -
Lease Rate: $4,950,000
Features
- 3 points of access which make it ideal for development
- Height limit of 55 ft. by right
- Perfect opportunity to use a density bonus to increase the scale of the project
- ½ mile from Caltrans
- Immediate access to all of the bars, restaurants, and activities of Downtown San Mateo
- Average household income of $124,842 in the surrounding area
Mark Meier
Hans Hansson
