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    233-235 Baldwin Ave San Mateo, CA 94401

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    For Sale
    $2,888,000

    Two retail buildings in prime downtown location near Caltrain.

    Property size:
    5,486 SF
    Lot size:
    0.18 Acres

    Property Features for 233-235 Baldwin Ave

    General Information

    Size
    5,486 SF
    Lot size
    0.18 Acres

    Source: eXp Commercial - CA Agent Brian Merrion

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Buildings in Downtown San Mateo

    This property features two freestanding retail buildings offering flexible layouts in a prime downtown San Mateo location. Situated steps from dining, shopping, and Caltrain, the location benefits from strong surrounding demographics and a growing residential base. The property presents potential for mid-scale redevelopment or value-add repositioning. This is a rare opportunity in one of the Bay Area’s most desirable downtown markets. The property size is 5486 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Mateo
    County
    San Mateo
    State
    California
    Longitude
    -122.325989
    Latitude
    37.567077

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    FAQs

    What type of property is this?
    Retail space - Two retail buildings in prime downtown location near Caltrain.
    Where is this retail space located?
    The property is located at 233-235 Baldwin Ave San Mateo, CA.
    What is the asking price?
    The asking price for this property is $2,888,000.
    What are key features of this property?
    This property features: - Prime downtown San Mateo location near dining, shopping, and Caltrain.; - Rare opportunity in a highly desirable Bay Area downtown market.; - Two freestanding retail buildings with flexible layouts.
    (415) 802-1400
    Request Owner's contact information
    233-235 Baldwin Ave San Mateo, CA 94401
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    San Mateo, CA 94401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    233-235 Baldwin Ave San Mateo, CA 94401
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