Nov 1, 2023 call for offers! 1 Baywood Ave 10,958 SF Vacant Office Building San Mateo, CA 94402 For Sale
INVESTMENT HIGHLIGHTS
- Strong growth area where demand for real estate far over exceeds supply.
- 100% leased medical office.
- Value -Add investment opportunity with future development potential (long range plan).
EXECUTIVE SUMMARY
NOVEMBER 1, 2023 call for offers date. Prime Downtown San Mateo medical office building. Close to downtown San Mateo restaurants and shops as well as to CalTrain. One block to Sutter Health's Mills-Peninsula Hospital and other medical service providers. Ideal for owner/occupier or for covered land play for development for residential units. Call for pricing and possible call for offers date.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,958 SF
Building Class
C
Year Built
1960
NOI
$29,964
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,478 SF
Building FAR
0.51
Lot Size
0.49 AC
Zoning
E2-2/R-5 - Executive office, 2.0 FAR; R-5 multi-family
Parking
30 Spaces (2.74 Spaces per 1,000 SF Leased)
AMENITIES
- Natural Light
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Medical Space
Prime Downtown San Mateo location
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 4 | 1,560 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 9 | 733 SF | Medical | Full Build-Out | Now |
1st Fl-Ste 4
| Size |
| 1,560 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 9
| Size |
| 733 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Walker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 032-441-270 | Improvements Assessment | $348,450 |
| Land Assessment | $194,428 | Total Assessment | $542,878 |
