100 N Ellsworth Ave - San Mateo Masonic Temple

Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 100 N. Ellsworth Drive, a threestory, ±17,300-square-foot historic building in San Mateo. The property is situated on a 0.36 acre parcel within walking distance of San Mateo’s Downtown retail core and close proximity to the Cal Train station (0.3 miles) It is in the R4 zoning district, allowing for a variety of potential uses, including private clubs, churches, and high-density multifamily developments. It benefits from a grandfathered parking agreement, which exempts buyers from the $50,000 per space in lieu fee. The City of San Mateo acknowledges the current use of the property as a Fraternal Organization, requiring one parking space per 70 square feet. As long as any future proposed use is less intensive, the fee will not be applicable. Call agents to arrange tour or discuss the opportunity.
Note: • Basement used for storage, not included in rentable area • Basement sprinkler fitted in preparation for submitting plans for rentable document storage space